1. Skip to Menu
  2. Skip to Content
  3. Skip to Footer>

.

  • Henri Ford - Two factors make a man work: Greediness for money earning and fear of losing it
  • Tomas Robert - Don’t say “I work”, show what you earn!
  • Andre Morua - Business is a combination of sports and war
  • Tomas Robert - Quality is the best advertising for a good
  • Bencamin Dizraeli - There are three kinds of lies: lies, damned lies, and statistics

The Global Competitiveness Report 2011-2012

PDF Print E-mail

 The United States continues its decline for the third year in a row, falling one more place to fifth position. In addition to the macroeconomic vulnerabilities that continue to build, some aspects of the United States’ institutional environment continue to raise concern among business leaders, particularly related to low public trust in politicians and concerns about government inefficiency. 

Within the Eurozone, Germany maintains the lead, although it goes down one position to sixth place, while the Netherlands (7th) improves by one position in the rankings, France drops three places to 18th, and Greece continues its downward trend to 90th. Competitiveness-enhancing reforms will play a key role in revitalizing growth in the region and tackling its key challenges, fiscal consolidation and persistent unemployment.

 The results show that while competitiveness in advanced economies has stagnated over the past seven years, in many emerging markets it has improved, placing their growth on a more stable footing and mirroring the shift in economic activity from advanced to emerging economies. 

The People’s Republic of China (26th) continues to lead the way among large developing economies, improving by one more place and solidifying its position among the top 30. Among the four other BRICS economies, South Africa (50th) and Brazil (53rd) move upwards while India (56th) and Russia (66th) experience small declines. Several Asian economies perform strongly, with Japan (9th) and Hong Kong SAR (11th) also in the top 20.

 In the Middle East, Qatar (14th) solidifies its place in the top 20 while Saudi Arabia (17th) enters it for the first time, followed by Israel (22nd), the United Arab Emirates (27th), Kuwait (34th) and Bahrain (37th). Most Gulf States continue their upward trend of recent years. In sub-Saharan Africa, South Africa (50th) and Mauritius (54th) feature in the top half of the rankings, followed by second-tier best regional performers Rwanda (70th), Botswana (80th) and Namibia (83rd). In Latin America, Chile (31st) retains the lead and a number of countries see their competitiveness improve, such as Panama (49th), Brazil (53rd), Mexico (58th) and Peru (67th). 

 According to the World Economic Forum Global Competitiveness Report 2011/2012 Azerbaijan is 55th and is first economy among the CIS countries. So, the country ascended 2 places from 57th position in 2010-2011 report.

Azerbaijan Marketing Society is a partner institution of the World Economic Forum in Azerbaijan.

 

 

 

Share/Save/Bookmark
Next >