US 5th in Global Competitiveness

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

  1. Toro
    Offline

    Toro Diamond Member

    Joined:
    Sep 29, 2005
    Messages:
    50,714
    Thanks Received:
    11,047
    Trophy Points:
    2,030
    Location:
    The Big Bend via Riderville
    Ratings:
    +25,043
    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
    Offline

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    7,269
    Thanks Received:
    673
    Trophy Points:
    175
    Ratings:
    +1,603
    US education being what it is I find this plausible.
     
  3. Big Fitz
    Offline

    Big Fitz User Quit *****

    Joined:
    Nov 23, 2009
    Messages:
    16,917
    Thanks Received:
    2,473
    Trophy Points:
    48
    Ratings:
    +2,475
    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
    Offline

    Avorysuds Gold Member

    Joined:
    Jul 4, 2010
    Messages:
    13,834
    Thanks Received:
    1,655
    Trophy Points:
    245
    Location:
    Eugene Oregon
    Ratings:
    +2,141
    Thanks Obama!
    Thanks Bush!
     

Share This Page