In early September, was published Global Competitiveness Report 2014-2015 of the World Economic Forum, now in its thirty-fifth edition. The paper measures the competitiveness (the Global Competitiveness Index, GCI, which ranges from 1 to 7) through a set of indicators that analyze productivity and prosperity. The competitiveness of a nation is defined as a set of institutions, policies and factors that determine the level of productivity. It is thus based on the 12 pillars of competitiveness of a country, which can be grouped into three main areas: basic requirements (institutions, infrastructure, macroeconomic environment, health and basic education), efficiency enhancers (higher education, efficiency of markets for goods, labor market efficiency, financial market development, technological development, market size) and innovation and sophistication factors (business sophistication and innovation). The countries that have been analyzed are 144: the top 10 are Switzerland (5.70), Singapore (5.65), USA (5:54), Finland (5.50 in), Germany (5.49), Japan (5.47), Hong Kong SAR (5:46) , Netherlands (5:45), and the same score, the UK and Sweden (5.41). Switzerland, first for the sixth consecutive year, is awarded for innovation, the high level of education and the efficiency of the labor market. At the bottom there, all with index less than 3, Yemen (2.96), Chad (2.85) and finally Guinea (2.79). Limiting ourselves to data from the European Union, it is clear that the factors that hinder the competitiveness are mainly the difficulty of access to the financial markets, interest rates, the regulations in the labor market and tax. The inefficiency of the bureaucracy was cited as a problem, more or less relevant, in all the realities of the world. Italy is ranked 49th, stable compared to last year, with an index equal to 4:42. Compared to other advanced economies, our country highlights weaknesses fundamental aspects, such as the functioning of the institutions (106 ° to 144), the reduced efficiency of the labor market (136th), the tax burden (134 °) and the criticality of the current macroeconomic environment (108th). The strengths are the size of the local market (12th position with 5.6) and business sophistication (25th position with 4.8). Evaluating the results of our country also shows that, with regard to infrastructure (5.4) and health care and basic education (6.4), we are aligned with the average of advanced economies. youtu.be/dGQgxGj3oT4
Posted on: Mon, 13 Oct 2014 11:25:19 +0000
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