The World Economic Forum continues its tradition of excellence with the 25th edition of the annual Global Competitiveness Report featuring the latest national statistics and results of the Executive Opinion Survey, which captures the perception of over 8,700 business leaders. The report provides the most comprehensive assessment of 104 developed and emerging economies. Produced in collaboration with a distinguished group of international scholars and a global network of over 100 leading national research institutes and business organizations, the report presents individual detailed country profiles highlighting the competitive strengths and weaknesses of each economy as well as an extensive section of data tables containing country rankings for over 160 indicators. The report also showcases the latest thinking and research on issues of immediate relevance for business leaders and policy-makers.
The report provides a unique benchmarking tool for:
· Governments in identifying obstacles to economic growth and assisting in the design of better economic policies
· Businesses in developing business strategies and guiding investment decisions
· Academia in analysing an economy's current business environment and comparing against other economies
· Civil society organizations in learning more about how their country's competitiveness condition fares against others
Preface; K.Schwab
Executive Summary; A.Lopez-Claros
PART 1: THE COMPETITIVENESS INDEXES
The Growth Competitiveness Index: Assessing Countries' Potential for Sustained Economic Growth; J.Blanke & A.Lopez-Claros
Building the Microeconomic Foundations of Prosperity: Findings from the Business Competitiveness Index; M.E.Porter
The Global Competitiveness Index; X.Sala-i-Martin & E.V.Artadi
PART 2: SELECTED ISSUES OF COMPETITIVENESS
Corruption, Governance and Security: Challenges for the Rich Countries and the World; D.Kaufmann
The Competitive Edge in Environmental Responsibility; A.Dahl
Chile: The Next Stage of Development; A.Lopez-Claros
The Future of Competitiveness Enhancing Reforms in Latin America; M.Blejer
International Productivity Comparisons: The Importance of Hours of Work; A.M.Warner
PART 3: SPECIAL TOPICS
A Glimpse of 2020; R.Cooper
Confronting Long-Term Fiscal Challenges: Why it Matters for the Global Economy; P.Heller
Agricultural Policies in OECD Countries: An Agenda for Reform; S.Tangermann
Can Foreign Aid Make Poor Countries Competitive? W.Easterly
PART 4: COUNTRY PROFILES AND DATA PRESENTATION
Capturing the State of Country Competitiveness with the Executive Opinion Survey; J.Blanke & E.Loades
Country Profiles
How Country Profiles Work
Data Tables
How Data Tables Work
Technical Notes and Sources
About the Authors
Acknowledgement
MICHAEL E. PORTER, Harvard University, USA.
KLAUS SCHWAB, World Economic Forum, Switzerland.
XAVIER SALA-I-MARTIN, Columbia University, USA and Universitat Pompeu Fabra, Spain.
AUGUSTO LOPEZ-CLAROS, World Economic Forum, Switzerland.