Global GDP growth continues to falter in an anemic economic recovery. Policy forecasters see future expansion as weak unless nations can reignite their competitiveness to drive productivity growth, which is critical to long-run prosperity. The World Economic Forum’s annual global competitiveness report details the countries that are leading the pack by focusing on innovation, developing private and public sector synergies, and opening trade and foreign direct investment markets. getAbstract suggests this robust report to executives interested in understanding what factors influence competitiveness and how several nations are crafting the right mix.
In this summary, you will learn
- What countries rank as the most and least competitive globally,
- Why a turn against globalization could harm sovereign competitiveness, and
- How nations can build a competitive profile.
About the Author
Professor Klaus Schwab is the founder and executive chairman of the World Economic Forum.