Switzerland tops WEF World Competitiveness rankings, US slips to no. 4

Switzerland is once again at the top of the World Economic Forum’s annual Global Competitiveness Report, followed by Singapore, which has overtaken Sweden, then Finland with the US now in fifth place, slipping two slots since last year.

The report was published Wednesday morning 7 September by the Geneva-based organization that organizes an annual meeting of world business and political leaders in Davos, Switzerland every January. The full report is available online.

Japan remains the top Asian country, at number 9 and China has advanced one place to number 26. Slovenia and Montenegro had steep falls of more than 10 places, while Sri Lanka rose by an impressive 13.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Consumer/consumer spending, Corporations/Corporate Life, Economy, Europe, Globalization, Psychology, Switzerland