Summary

A nation’s ranking on the Ease of doing business index is based on an average of 10 parameters.
Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights.

The process undertaken for data visualization broadly consisted of importing libraries in pycharm, cleaning data, reading it in pycharm and merging it with the basic plot of World map. Dataframes relevant to visualization (country codes and ease of doing business indices for 2019) are extracted and merged again. Later visual output has been set up and the map was plotted. The countries for which data for 2019 was unavailable are omitted.

The primary intention for the data visualization is to show that the economic growth impact of improving regulations related to the following parameters is strong.

1.Starting a business – Procedures, time, cost, and minimum capital to open a new business.
2.Dealing with construction permits – Procedures, time, and cost to build a warehouse.
3.Getting electricity – procedures, time, and cost required for a business to obtain a permanent electricity connection for a newly constructed warehouse.
4.Registering property – Procedures, time, and cost to register commercial real estate.
5.Getting credit – Strength of legal rights index, depth of credit information index.
6.Protecting investors – Indices on the extent of disclosure, extent of director liability, and ease of shareholder suits.
7.Paying taxes – Number of taxes paid, hours per year spent preparing tax returns, and total tax payable as share of gross profit.
Trading across borders – Number of documents, cost, and time necessary to export and import.
8.Enforcing contracts – Procedures, time, and cost to enforce a debt contract.
9.Resolving insolvency – The time, cost, and recovery rate (%) under bankruptcy proceeding.

Source: The world bank

Ease of doing BUSINESS is a project of IaaC, Institute for Advanced Architecture of Catalonia
developed at Master in City & Technology in (2019/2020) by:
Student:  Akshay Marsute
Faculty: Diego Pajarito