Sweden 3rd and Denmark 4th on Global Competitiveness Index
Switzerland, Finland and Sweden are the world's most competitive economies, according to the Global Competitiveness Report.
Denmark, Singapore, the United States, Japan, Germany, the Netherlands and the United Kingdom complete the top ten list in the Global Competitiveness Report 2006-2007 by the World Economic Forum.
“The top rankings of Switzerland and the Nordic countries show that good institutions and competent macroeconomic management, coupled with world-class educational attainment and a focus on technology and innovation, are a successful strategy for boosting competitiveness in an increasingly complex global economy,” says Augusto Lopez-Claros, Chief Economist and Director of the World Economic Forum's Global Competitiveness Network, in a press release.
“Our indicators point to the rapidly growing importance of higher education and training as engines of productivity growth. Countries that, like the Nordics, are investing heavily in education are likely to see rising levels of income per capita, growing success in reducing poverty and an increasing ability to establish a presence in the global economy,” continues Augusto Lopez-Claros.
The rankings are drawn from a combination of publicly available hard data and the results of the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum, together with its network of partner institutes (leading research institutes and business organizations) in the countries covered by the report. Currently 125 economies are featured in the report.
Source www.oresundit.com
