The Global Competitiveness Report 2010-2011

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The Global Competitiveness Report 2011–2012

Klaus Schwab, World Economic Forum

The Global Competitiveness Report 2011-2012 © 2011 World Economic Forum

World Economic Forum Geneva, Switzerland 2011

Professor Klaus Schwab World Economic Forum Editor

The Global Competitiveness Report 2011–2012
Professor Xavier Sala-i-Martin Columbia University Chief Advisor of the Centre for Global Competitiveness and Performance

The Global Competitiveness Report 2011-2012 © 2011 World Economic Forum

The Global Competitiveness Report 2011– 2012 is published by the World Economic Forum within the framework of the Centre for Global Competitiveness and Performance

World Economic Forum Geneva Copyright © 2011 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 otherother wise without the prior permission of the World Economic Forum. ISBN-13: 978-92-95044-74-6 ISBN-10: 92-95044-74-6 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.

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, Senior Director, Lead Economist, Head of the Centre for Global Competitiveness and Performance Beñat Bilbao-Osorio, Associate Director, Economist Roberto Crotti, Junior Quantitative Economist Margareta Drzeniek Hanouz, Director, Senior Economist Brindusa Fidanza, Associate Director, Environmental Initiatives Thierry Geiger, Associate Director, Economist Ciara Browne, Associate Director Pearl Samandari, Community Manager Satu Kauhanen, Coordinator

We thank Hope Steele for her superb editing work and Neil Weinberg for his excellent graphic design and layout. We are grateful to Djemila Zouyene 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 interinter 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 2011-2012 © 2011 World Economic Forum

Contents

Partner Institutes Preface
by Klaus Schwab and Robert Greenhill

v xiii

Part 2: Data Presentation
2.1 Country/Economy Profiles

85
87

How to Read the Country/Economy Profiles ................................89 List of Countries/Economies .........................................................91 Country/Economy Profiles.............................................................92

Part I: Measuring Competitiveness
1.1 The Global Competitiveness Index 2011–2012: Setting the Foundations for Strong Productivity by Xavier Sala-i-Martin, Beñat Bilbao-Osorio, Jennifer Blanke, Margareta Drzeniek Hanouz, and Thierry Geiger

1
3

2.2 Data Tables

377

How to Read the Data Tables .....................................................379 Index of Data Tables ...................................................................381 Data Tables..................................................................................383

Technical Notes and Sources 51 About the Authors Acknowledgments 75

521 525 527

1.2 The Long-Term View: Developing a Framework for Assessing Sustainable Competitiveness by Jennifer Blanke, Roberto Crotti, Margareta Drzeniek Hanouz, Brindusa Fidanza, and Thierry Geiger

1.3 The Executive Opinion Survey: An Indispensable Tool in the Assessment of National Competitiveness by Ciara Browne and Thierry Geiger

The Global Competitiveness Report 2011-2012 © 2011 World...
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