World Economic Form Competitiveness Report

Shorrick Mk2 · #1 31.10.2007, 11:28

Now that the World Competitiveness report is officially released we can all bask in the warm feel-good feeling of being quasi-milk-cows.

Switzerland has been ranked in second position, close behind the US, followed by Denmark and Gernamy.

For those interested, it's all here.

chemgoddess · #2 31.10.2007, 11:41

U.S.A! U.S.A! We're number 1, We're number 1! In your face Switzerland!

- Homer Simpson

ChrisW · #3 31.10.2007, 12:01

This is very interesting, and ego satisfying, but even after having read the following on their website, I still don't know what "global competitiveness" means. Can anyone help?

	Quote:
	The Global Competitiveness Report series has evolved over the last three decades into the world’s most comprehensive and respected assessment of countries’ competitiveness, offering invaluable insights into the policies, institutions, and factors driving productivity and, thus, enabling sustained economic growth and long-term prosperity.

asdfasdf · #4 31.10.2007, 12:30

I think competiteveness may really translate into business friendly environment, which may translate into, the government will bend over backwards to do what large coroporations want. As I see it that is how US got number 1, Switzerland as number 2 sounds more reasonable.

RetiredInNH · #5 31.10.2007, 12:48

Different rankers, different rankings ...

The Economist has just published its Business environment rankings with Switzerland ranked number five and the US number nine.

dakman · #6 05.11.2007, 13:44

1st pillar: Institutions
4
5.90 2nd pillar: Infrastructure
4
6.32 3rd pillar: Macroeconomic stability
22
5.69 4th pillar: Health and primary education
14
6.30 Subindex B: Efficiency enhancers
7
5.35 5th pillar: Higher education and training
7
5.63 6th pillar: Goods market efficiency
6
5.39 7th pillar: Labor market efficiency
3
5.64 8th pillar: Financial market sophistication
21
5.40 9th pillar: Technological readiness
3
5.67 10th pillar: Market size
37
4.38 Subindex C: Innovation and sophistication factors
1
5.77 11th pillar: Business sophistication
2
5.80 12th pillar: Innovation
2
5.74

Stop the cynicism....it is pretty well defined how they do the study. Stable institutions, good infrastructure, skilled workforce. Switzerland ranks high in all of these.

Interesting to look at the top business problems for Switzerland: tax regulations (imagine the different cantonal taxes are a headache), government bureaucracy and inadequately educated workforce