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WEF_GlobalCompetitivenessReport_2010-11.pdf
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WEF_GlobalCompetitivenessReport_2010-11.pdf
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In its 30th year, The Global Competitiveness Report is published against the backdrop of
the deepest global economic slowdown in generations. Policymakers find themselves
struggling to manage new challenges while preparing their economies to perform well in
a future characterized by high uncertainty.
In such a difficult economic environment, it is more important than ever for countries
to put into place the fundamentals underpinning growth and development. The Global
Competitiveness Report series has, for the past three decades, facilitated this process
by providing detailed analysis of the productive potential of nations worldwide. The
Report offers policymakers, business executives, and academics as well as the public
at large one of the world’s most respected assessments of national competitiveness,
thus providing invaluable insights into the policies, institutions, and factors that enable
robust economic development and long-term prosperity.
Produced in collaboration with leading academics and a global network of Partner Institutes,
The Global Competitiveness Report 2009–2010 offers users a unique dataset on a broad
array of competitiveness indicators for 133 economies, which together account for more
than 98 percent of the world’s GDP. The data used in the Report come from leading
international sources as well as from the World Economic Forum’s annual Executive
Opinion Survey, which provides a distinctive source capturing the perceptions of several
thousand business leaders on topics related to national competitiveness.
This year’s edition presents the rankings of the Global Competitiveness Index (GCI),
developed by Professor Xavier Sala-i-Martin and originally introduced in 2004. The GCI
is based on 12 pillars of competitiveness, providing a comprehensive picture of the
competitiveness landscape in countries around the world at different stages of economic
development. The Report also contains detailed profiles highlighting competitive strengths
and weaknesses for each of the 133 economies featured, as well as an extensive
section of data tables displaying relative rankings for more than 100 variables.
Cover design: Neil Weinberg
Cover art: Getty Images;
Getty Images; iStock
Photography; Getty Images
ISBN-13: 978-92-95044-25-8
The Global
Competitiveness Report
2010–2011
Klaus Schwab, World Economic Forum
The Global Competitiveness Report 2010–2011
Schwab
The Global
Competitiveness Report
2010–2011
Professor Xavier Sala-i-Martin
Columbia University
Chief Advisor of the Centre for Global Competitiveness and Performance
Members of the Global Competitiveness Report Advisory Board
Dr Kemal Dervis
Brookings Institution
Vice-President and Director, Global Economy and Development
Professor Ricardo Hausmann
Harvard University
Director, Center for International Development, John F. Kennedy School of Government
H.E. Dr Felipe Larraín Bascuñán
Minister of Finance of Chile
H.E. Dr Mari Elka Pangestu
Minister of Trade of Indonesia
World Economic Forum
Geneva, Switzerland 2010
Professor Klaus Schwab
World Economic Forum
Editor
The Global Competitiveness Report 2010-2011 © 2010 World Economic Forum
World Economic Forum
Geneva
Copyright © 2010
by the World Economic Forum
All rights reserved. No part of this publication
may be reproduced, stored in a retrieval
system, or transmitted, in any form or by any
means, electronic, mechanical, photocopying,
or otherwise without the prior permission of
the World Economic Forum.
ISBN-13: 978-92-95044-87-6
ISBN-10: 92-95044-87-8
This book is printed on paper suitable for
recycling and made from fully managed and
sustained forest sources.
Printed and bound in Switzerland by SRO-Kundig.
The Global Competitiveness Report
2010–2011 is published by the World
Economic Forum within the framework of
the Centre for Global Competitiveness and
Performance
Professor Klaus Schwab
Executive Chairman
Professor Xavier Sala-i-Martin
Chief Advisor of the Centre for Global
Competitiveness and Performance
Robert Greenhill
Chief Business Officer
CENTRE FOR GLOBAL COMPETITIVENESS AND PERFORMANCE
Jennifer Blanke, Director, Lead Economist,
Head of the Centre for Global
Competitiveness and Performance
Margareta Drzeniek Hanouz, Director,
Senior Economist
Irene Mia, Director, Senior Economist
Thierry Geiger, Associate Director,
Economist
Ciara Browne, Associate Director
Pearl Samandari, Community Manager
Eva Trujillo Herrera, Research Assistant
Carissa Sahli, Coordinator
We thank Hope Steele for her superb editing
work and Neil Weinberg for his excellent
graphic design and layout. We are grateful to
Miriam Poretti for her invaluable research
assistance.
The terms country and nation as used in this
report do not in all cases refer to a territorial
entity that is a state as understood by inter-
national law and practice. The terms cover
well-defined, geographically self-contained
economic areas that may not be states but
for which statistical data are maintained on a
separate and independent basis.
The Global Competitiveness Report 2010-2011 © 2010 World Economic Forum
Contents
Partner Institutes v
Preface xi
by Klaus Schwab
Part 1: Measuring Competitiveness 1
1.1 The Global Competitiveness Index 2010–2011: 3
Looking Beyond the Global Economic Crisis
by Xavier Sala-i-Martin, Jennifer Blanke, Margareta Drzeniek
Hanouz, Thierry Geiger, and Irene Mia
1.2 The Executive Opinion Survey: The Business 57
Executives’ Insight into their Operating Environment
by Ciara Browne and Thierry Geiger
Part 2: Data Presentation 67
2.1 Country/Economy Profiles 69
How to Read the Country/Economy Profiles ...............................71
List of Countries/Economies .........................................................73
Country/Economy Profiles .............................................................74
2.2 Data Tables 353
How to Read the Data Tables......................................................355
Index of Data Tables....................................................................357
Data Tables ..................................................................................359
Technical Notes and Sources 495
About the Authors 499
Acknowledgments 501
The Global Competitiveness Report 2010-2011 © 2010 World Economic Forum
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