GlobalArenaRank data sources
Slider group: “Economic” :
Labour Cost and Productivity factors
Labour cost and productivity at national, regional / metropolitan or city level provides a comparable measure of the cost of work in employment done by human beings. We use the following data sources for this factor: Economic Research Institute, International Labour organization, National departments of Labour.
Infrastructure factor
Infrastructure contains information about the availability and penetration of telephone main lines, mobile telephony and Internet hosts and connections. We use the following data sources for this indicator: CIA – The World Factbook, The World Bank, World Economic Forum (WEF), OECD and UNCTAD – Measuring the information society.
Slider group: “Talent”:
Education factor
Education measures the participation in formal systems of education containing primary, secondary and tertiary or higher education. We use the following data sources for this indicator: UNESCO, Offices for National statistics.
Labour availability factor
Labour availability aims to provide a comparable measure across nations, regions/metropolitans and cities of the availability of qualified labour for the labour market. We use the following data sources for this indicator: U.S. Bureau of Labor Statistics, Global Policy Network, International Labour organization, National departments of Labour.
Labour market flexibility factor
Labour market flexibility measures the ability to adapt to economic fluctuations. This includes the relaxing of labour market regulations which are considered an obstacle to growth and employment creation. Key factors are flexibility in wages, hours of work, work organization, and also in labour utilization through flexible hiring and employment practices. We use the following data sources for this indicator: The World Bank, National departments of Statistics/Labor.
Slider group: “Attractiveness”
Market attractiveness factor
Market Attractiveness includes a broader range of factors other than just the market size and growth rate that can determine the attractiveness of a market for foreign investment. We use the following data sources for this indicator: Thomson Reuters and UNCTAD - World Investment Report.
Socio Political factor
Socio Political stability measures the country's quality of governance in nine factors. We use the following data sources for this indicator: The World Bank – Political stability index.
Cost of living factor
Cost of living indicates the comparable local buying power for any given salary. Cost of living is calculated as the total cost of a bundle of products, including: rental rates, housing prices, income taxes, property taxes, gasoline prices, medical costs/services, major retail grocery and drug store prices, etc. Cost-of-living differentials, as reported by ERI, reflect cost models at different income levels (e.g., an auto of "x" value driven "x" distance, home rental with no mortgage income tax deductions, home ownership with income tax mortgage deductions, etc...). We use the following data sources for this indicator: Economic Research Institute - Cost of living survey, Mercer – Cost of living survey.