Wednesday, 24 June 2009

World Economic Forum's latest Global Competitive Index list

The USA still takes the top spot, followed by Switzerland, Denmark, Sweden, Singapore, Finland, Germany, the Netherlands, Japan and Canada to round off the top 10. The country listed as last in position # 134 is Chad, preceded by Zimbabwe, Burundi, Mauritania, Mozambique, Timor-Leste, Uganda, Burkina Faso and Nepal

The BRIC countries are positioned respectively in the 64th position(Brazil), 51st (Russian Federation), 50th(India) and 30th (China).

The member countries that most recently joined the EU, Bulgaria and Romania are in the 76th and 68th position respectively

The candidate countries to the join the EU, Croatia, Former Yugoslav Republic of Macedonia and Turkey are in the 61st, 89th and 63rd position respectively. This means that Croatia and Turkey are actually already more competitive that Bulgaria and Romania who have joined the EU.

The Netherlands moves up two spots to 8th place.The country’s companies are highly sophisticated and are the most aggressive internationally in absorbing
new technologies (ranked 1st for its technological readiness), buttressed by an excellent educational system and extremely efficient factor markets.The labor market in the Netherlands is notably efficient compared with the situation in many other European economies, and its goods market is ranked 3rd for its excellent functioning.

Source : The Global Competitiveness Report 2008-2009 © 2008 World Economic Forum

No comments: