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Competitive Alternatives
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KPMG's Guide to International Business Location
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Analysis of Non-Cost Location Factors Competitive Alternatives includes comparisons of both business costs and non-cost factors that can influence the attractiveness of locations to business. In 2010, the non-cost factor analysis has been enhanced with a number of new measures relevant to the current economic climate. One factor that has become more relevant to many businesses since the 2008 edition of Competitive Alternatives is the time and cost of laying off redundant workers. The time period during which an employer has a financial commitment to its workforce after making a decision to downsize varies dramatically among countries—from 4 weeks in Japan, to potentially more than 1 year in Italy. These timeframes combine delays for mandated government approvals or union negotiations, required statutory notice, plus typical severance payments for a collective dismissal scenario.
Government responses to the recent economic downturn are also playing a key role in shaping national business environments, in both the short and long terms. Countries where governments have responded most strongly with stimulus spending—Australia, Japan, and the US—are seeing more short-term stimulus activity for business. However, stimulus spending comes at the cost of deficits, and large deficits may result in increased corporate tax burdens in the longer term. Further details of the analysis of non-cost factors can be found in the Highlights section of this website. Detailed discussion and analysis of non-cost location factors can be found in the study report, which is available in the Downloads section of this website. | ||||||||||||||||||||||||||||||||||||||
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