Wednesday, December 15, 2010

Switzerland defending China's "lost"-United States

In 2010 the new Lectra's annual meeting will be held in Tianjin, the World Economic Forum yesterday released the 2010-2011 global competitiveness report, China's competitiveness continues to rise, from last year's 29 rose to 27. United States last year lost head Suoo downslide, continued this year to the fourth.

The report shows that Asia several developed and developing economies competitiveness ranking well. Singapore ranked third, Japan (sixth place) and Hong Kong (11-bit) is also named in the top 20.

Developed economies, stands out as a successful, Switzerland defending; Sweden and Singapore on disaggregated; United States last year lost after first Suoo ranking continued to decline this year to the fourth. Analysis that, in addition to the increasingly serious macroeconomic imbalances, the United States public and private institutions weakened as well as United States financial market conditions persist in the worries are gone from the reasons for the decline in the United States. United Kingdom in recent years has been declining, but this year has increased by one to 12 persons.

It is worth mentioning that the outstanding performance of the Nordic countries, Sweden, Finland (seventh) and Denmark (ninth) is ranked the top 10. In Latin America, Chile (p. 30) is ranked the top countries. Middle East and North Africa regions of several States also occupy half of the rankings.

World Economic Forum founder and Executive Chairman Klaus Schwab · pointed out: "the future of the economy will be volatile and dynamic equilibrium. To prepare for the future of the economic performance while at the same time, policymakers are also trying to find ways to cope with the current economic challenges. In this global economy, countries should support economic growth and development of the fundamentals, it's more important than ever. ”

Professor of Economics at Columbia University, the report's co-author chaville · Sarah Ibn-Martin added: "Although policymakers on global economy fears of future feel, but cannot because the temporary difficulties which overlook the basic factors of competitiveness in the long term. Economies if you want to remain competitive, we must ensure that established a productivity factor, because their current and future prosperity depends on productivity improvement. Encourage competitive economic environment can help countries to combat the economic crisis, to ensure the establishment of a future economic mechanism of achieving good performance. ”

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