Summary of The Global Competitiveness Report 2013–2014

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The Global Competitiveness Report 2013–2014 summary
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Rating

7 Overall

8 Importance

6 Innovation

7 Style

Recommendation

The World Economic Forum presents the 2013 iteration of its annual compendium of statistics and analysis covering the factors that make economies soar or sink. Myriad variables drive competitiveness in any country, region or territory. The report examines more than 100 different elements, but they all link back to one critical factor: productivity. Increasing productivity invariably leads to growing prosperity and opportunity. This year, the World Economic Forum paid particular attention to measures of social and environmental sustainability, issues that are especially relevant in a time of growing political unrest and climate change. Switzerland has something to crow about – it tops the ranking for the fifth year running. getAbstract recommends this exhaustive and enlightening study of 148 economies around the world to global business executives and policy makers.

In this summary, you will learn

  • How the World Economic Forum determines the relative competitiveness of 148 economies worldwide,
  • Which nations and regions top the list and why, and
  • How social and environmental factors contribute to a nation’s long-range competitiveness.
 

About the Author

Klaus Schwab is the founder and executive chairman of the World Economic Forum. Working through leaders in government, business and academia, the WEF is a global, independent and nonprofit entity “committed to improving the state of the world.”

 

Summary

Changing Roles
The current global economic environment is very different from the one that existed before the 2008 financial crisis. The world’s advanced economies are now gradually but haltingly recovering, while the developing world has, for the most part, driven its economies forward...

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