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
Efficiency Enhancers
Innovation and Sophistication Factors
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
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