Journal Press India®

Ease of Doing Business in BRICS: A Comparative Study

Vol 6, Issue 2, July - December 2019 | Pages: 99-111 | Research Paper  

 
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https://doi.org/10.17492/focus.v6i2.186478


Author Details ( * ) denotes Corresponding author

1. * Navneet Gera, Associate Professor, Bharati Vidyapeeth Institute of Management and Research, New Delhi, Delhi, India (gerasir@yahoo.com)
2. Shriram Purankar, Assistant Professor, Jaypee Business School, Noida, Uttar Pradesh, India (purankar@gmail.com)

The goal of this study is to assess the ranking of the BRICS countries to understand the ease of doing business in these countries. More specifically, the objective of the paper is to answer the question: How easy is it to carry out the business in BRICS? The study has been carried out by adopting descriptive research using reliable secondary data sources like reports published by World Bank, research and international organisations, newspapers and various articles. Findings of the research shows that ease of doing business as well as starting a company in Russia is best among BRICS nations, while South Africa and Brazil are lagging behind in a business-friendly environment. In terms of doing business, China and India are put in the 2nd and 3rd position respectively. This research will assist the MNCs decide on the markets based on business-friendliness. In order to be a business target nation, India, Brazil and South Africa need to decrease the amount of processes and the amount of days to set up a company.

Keywords

BRICS; Emerging countries; Ease of doing business

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