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The World Economic Forum (WEF) has released its annual Global Competitiveness Report (GCR) for 2013-2014 on September 3rd. The 2013-2014 GCR is unique in a way that it is a significant measure of the health of global economy during an economic shift. As emerging nations continue to fuel rapid economic growth, and financial-burdened countries regain positive economic momentum, the report captures the economy during a sensitive shift. The top three spots from the previous years’ report remain unchanged as Switzerland, Singapore and Finland respectfully prevail in descending order. The GCR can be found as a ranking for each country under the indices section on country pages such as Switzerland. The Netherlands, Denmark and South Korea dropped three to five spots for larger losses. On a positive note, Norway, New Zealand, and United Arab Emirates gained an impressive four, five and five spots representing a strong push for global competitiveness.
With the release of the GCR, we are provided with a good and balanced outlook of the world economy as countries chase a global edge. Which countries do you think will live up to their expectations from this year’s report? Which ones will not? Feel free to leave a comment below!
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