The Global Competitiveness Report 2016-2017

(CC) FreeimagesThe World Economic Forum has just launched “The Global Competitiveness Report 2016-2017”. Switzerland, Singapore and the United States remain the three world’s most competitive economies.

This year’s edition highlights that declining openness is threatening growth and prosperity. It also highlights that monetary stimulus measures such as quantitative easing are not enough to sustain growth and must be accompanied by competitiveness reforms. Final key finding points to the fact that updated business practices and investment in innovation are now as important as infrastructure, skills and efficient markets.

“The Global Competitiveness Report 2016-2017” assesses the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity.

The full report can be found on the World Economic Forum webpage.