EcoTwista tumblelog

Most Competitive Economies 2010: Where Growth Thrives

Most Competitive Economies 2010

1 of 17 next slide previous slide

Daniel Acker/Bloomberg

By Mark Scott

Where Growth Thrives

As the global economy struggles back from the worst recession in decades, which countries are best placed to profit from the recovery? In its 2010 World Competitiveness Yearbook, the IMD business school in Lausanne, Switzerland, sheds some light on that question. By crunching economic, financial, and social statistics from 58 countries worldwide, IMD breaks down the results into four categories: economic performance, government efficiency, business efficiency, and infrastructure. Nations are then ranked within those categories for everything from the quality of their research and development to the liquidity of their capital markets to the domestic penetration of high-speed Internet broadband. This year, IMD also added a “debt stress test” that identified which countries have the highest debt levels relative to GDP and will need the most years to pay off those obligations.

The US still in the game, however, its position is number 3 in the world. Singapore and Hongkong lead the world’s most competitive economies.

Posted via web from EcoTwist’s Streaming | Comment »

posted 2 years ago