The Netherlands ranked 5th in Global Competitiveness Report 2012-2013

The Global Competitiveness Report (GCR) is a yearly report published by the World Economic Forum. The first report was released in 1979. Since 2004, the Global Competitiveness Report ranks countries based on the Global Competitiveness Index which integrates the macroeconomic and the micro/business aspects of competitiveness into a single index. The report “assesses the ability of countries to provide high levels of prosperity to their citizens. This in turn depends on how productively a country uses available resources. Therefore, the Global Competitiveness Index measures the set of institutions, policies, and factors that set the sustainable current and medium-term levels of economic prosperity.”[1]

The Global Competitiveness Report 2012-2013 from World Economic Forum assesses the competitiveness landscape of 144 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide. This year’s report findings show that Switzerland tops the overall rankings for the fourth consecutive year. Singapore remains in second position with Finland, in third position, overtaking Sweden 4th. These and other Northern and Western European countries dominate the top 10 with the Netherlands, Germany and United Kingdom respectively ranked 5th, 6th and 8th. The Report emphasizes persisting competitiveness divides across and within regions, as short-termism and political deadlock continue to hold back the economic performance of many countries and regions. Looking forward, productivity improvements and private sector investment will be key to improving global economies at a time of heightened uncertainty about the global economic outlook. Read the full report, press release and access the full rankings via World Economic Forum – Global Competitiveness Report 2012-2013.

Download the Global Competitiveness Report 2012-2013 here.

[1]“Global Competitiveness Network: Issues”.

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