liveonearth (liveonearth) wrote,

US slips to 4th place in Global Competitiveness

According to the World Economic Forum, that is. The US held second until last month, now Sweden and Singapore have passed the US. Switzerland just passed the US to take the #1 spot last year. China's moving up and has reached #27. Germany's also climbing the scale, now in the #5 spot. Japan's #6. Finland is #7 and Denmark is #9 putting Scandinavia as a whole in the top 10. Netherlands is #8 and Canada is #10. At the moment. Things are definitely shifting.

The rating is based on 12 variables: institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market development, technological readiness, market size, business sophistication, and innovation.

Tags: america, business, canada, china, denmark, economics, education, finland, foreign policy, germany, japan, netherlands, singapore, sweden, switzerland

  • Post a new comment


    Comments allowed for friends only

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded