Dominican Republic among riskiest countries to do business
Santo Domingo.– The Dominican Republic is one of the riskiest countries in the world to do business, according to insurer FM Global’s ‘resilience index’ of supply chain risk.
FM Global, which is one of the world’s largest commercial property insurers, consideres that everything from political instability to natural disasters can rock a supply chain, in addition to economic turmoil, war and corruption.
Venezuela is at the foot of the 130 country/territory list, which takes into account factors including oil dependence (big tick for Venezeula), exposure to and management of natural hazards and infrastructure. Other nations in the bottom 10 include central Asia’s Tajikistan and the Kyrgyz Republic and hurricane-battered Caribbean island Jamaica.
Norway, Switzerland and Netherlands lead the top countries, with Qatar being the only non-Western nation in the top 10, mainly due to its stable economy and security.