10-31-2003 Finland is the world's most competitive Economy
The United States scored high on technology but weak on the quality of its public institutions and economic environment, particularly public finances, where it ranked 50th.
The United States was pulled down by concerns about rising trade protection and tightening capital availability.
"If there is one lesson from our exercise, it is that the strength and coherence of government policies have an enormous bearing on a country's ranking," Augusto Lopez-Claros, chief economist of the WEF, said in a statement.
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Congratulations Finland :beer:
:beer:
I'm not surprised. I'm sure there will be many of the AT Economist's that disagree with the World Economist's.
The United States scored high on technology but weak on the quality of its public institutions and economic environment, particularly public finances, where it ranked 50th.
The United States was pulled down by concerns about rising trade protection and tightening capital availability.
"If there is one lesson from our exercise, it is that the strength and coherence of government policies have an enormous bearing on a country's ranking," Augusto Lopez-Claros, chief economist of the WEF, said in a statement.
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Congratulations Finland :beer:
I'm not surprised. I'm sure there will be many of the AT Economist's that disagree with the World Economist's.
