Swiss research group and leader in management education IMD (Institute of Management Development) published world competitiveness rating.
IMD has been conducting a competitive analysis since 1989. Each country is evaluated on the basis of 331 criteria that characterize the effectiveness of the government, the state of the economy, the state of the business environment and the development of infrastructure.
Russia this year took 48th place out of 59 possible. And today we are bringing to your attention the top ten leaders in the IMD rating.
10. Qatar
- A major global exporter of oil and natural gas. This monarchical state provides citizens with a consistently high standard of living. The government is pursuing policies aimed at attracting foreign investment and diversifying the economy.
9. Germany
- one of the four European countries in the top ten ranking. The preservation of export-oriented production and high financial discipline allowed Germany to rise one line up - in 2011, it occupied 10th place in the IMD rating.
8. Norway
Over the year, she improved her position in the ranking by 5 positions. The richness of natural resources combined with a socially oriented political system allows this Scandinavian country to improve its performance even in conditions of global financial instability.
7. Taiwan
- A major Asian exporter of manufactured goods supplies fabric, electronics, metal products, plastics, and non-electrical equipment to global markets. Despite the fact that Taiwan lost one line in the ranking compared to last year, experts highly appreciate the stability of this self-proclaimed state.
6. Canada
- Stably occupies high places among the most competitive countries in the world. A high standard of living of the population, a developed export-oriented and open economy, a stable political situation form a positive picture in the eyes of IMD experts.
5. Sweden
- With a population of 9 million people, it has headquarters on 50 global companies, including Saab, Scania, Volvo, ABB, Oriflame, TELE2, Electrolux, IKEA. This country spends about 5% of GDP on subsidizing education. The high stability of the economy and the political situation guarantee Sweden a high level of competitiveness.
4. Singapore
- maintains a favorable investment climate over the past few decades. City-state is characterized by a high level of welfare. Singapore is trying to maintain a low tax burden, paying great attention to the development of information technology, electronics, biotechnology.
3. Switzerland
- improved its position in the ranking by 2 lines in comparison with 2011. Her position today is estimated by experts as the best among European countries. Switzerland is a world leader in terms of security, welfare, and the level of development of a business culture.
2. USA
- This year, slightly reduced position. Nevertheless, the influence of the States on the world economy is so high that European states are not yet able to compete with them, despite all efforts to integrate.
1. Hong Kong is in the ranking letters for the second year in a row
Experts emphasize the high level of such indicators in Hong Kong as the effectiveness of the government and business organization systems.
