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The Global Competitiveness Report 2016–2017
Report

The Global Competitiveness Report 2016–2017

Klaus Schwab
World Economic Forum, 2016
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Editorial Rating

8

Qualities

  • Comprehensive
  • Analytical
  • Scientific

Recommendation

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.

Take-Aways

  • The long-term drivers of national prosperity depend on productivity growth created through innovation and a competitive position in the global marketplace.
  • Unfortunately, the current international economic climate is one of relative stagnation.
  • The “Fourth Industrial Revolution” provides a burgeoning technology platform for innovation in areas such as “artificial intelligence, biotechnology, robotics, the Internet of Things and 3D printing.”

About the Author

Professor Klaus Schwab is the founder and executive chairman of the World Economic Forum.

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