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Predominantly Urbanrural split rural states score lower, with overall score also affected by country size. Proportion Links of London population under years old. States with young populations tend to be more Age range attractive markets. GDP per capita, US A proxy for wealth. High income states receive better scores than low income states. The overall score for country structure is also affected by Links of London N Charm power transmission network’s national coverage. Risks Industry risks Regulatory Subjective evaluation against BMIdefined criteria. Evaluates predictability of operating independence environment. Country risks Shortterm external Rating from BMI’s Country Risk Ratings CRR. Denotes state’s vulnerability to externally risk induced economic shock, which tend to be the principal triggers of economic crises. Policy continuity Links of London m Charm CRR. Evaluates the risk of a sharp change in the broad direction of government policy. From CRR. Denotes strength of legal institutions in each state security of investment can be Legal framework a key risk in some emerging markets. From CRR. Denotes risk of additional illegal costspossibility of opacity in tenderingbusiness Corruption operations affecting companies’ ability to compete. Source BMI Weighting Given Links of London L Charm number of indicatorsdatasets used, it would be inappropriate to give all subcomponents equal weight. Consequently, the following weighting has been adopted.