US 5th in Global Competitiveness

Discussion in 'Economy' started by Toro, Sep 9, 2011.

  1. Toro
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    Toro Diamond Member

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    Down one notch from last year.

    1. Switzerland
    2. Singapore
    3. Sweden
    4. Finland
    5. USA
    6. Germany
    7. Netherlands
    8. Denmark
    9. Japan
    10. UK

    The World Economic Forum identifies 12 pillars of competitiveness. They divide those between

    Basic Requirements, which include
    • Institutions
    • Infrastructure
    • Macroeconomic environment, and
    • Health and primary education

    Efficiency Enhancers

    • Higher education and training
    • Goods market efficiency
    • Labor market efficiency
    • Financial market development
    • Technological readiness, and
    • Market size

    Innovation and Sophistication Factors
    • Business sophistication
    • Innovation

    Interestingly, while the US ranked highly in the latter two - 3rd and 6th respectively - it ranked 36th in Basic Requirements.

    The Global Competitiveness Report 2011 - 2012 : The World Economic Forum
     
  2. william the wie
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    william the wie Gold Member

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    US education being what it is I find this plausible.
     
  3. Big Fitz
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    Big Fitz User Quit *****

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    Yeah, man..... but like. that's okay. We weren't that into it, man. So... like... yeahhhh....

    But I'm cool about it. I have like... you know... gooood self esteem.
     
    • Thank You! Thank You! x 1
  4. Avorysuds
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    Avorysuds Gold Member

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    Thanks Obama!
    Thanks Bush!
     

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