This years Global Competitiveness Index tells an interesting story… the US is sliding down the rankings, Switzerland maintains its lead and Sweden is on the way up. Singapore goes sideways. Having said that ranked 3rd in the world is not a bad place to be! There are many factors that drive productivity and competitiveness. Understanding the various factors is a very interesting process… and if you are an investor and/or entrepreneur, where would you establish a new business? (ie: its easier to do business in countries at the top of the list)
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