Best Country In the World Competitiveness Empowerment
World Economic Forum announced the Global Competitiveness Report 2010-2011. Competitiveness of Indonesia itself was ranked 44, up from last year which ranked 54th of 139 countries.
The rating is calculated from various data and opinions from an annual survey to the executives who made the World Economic Forum together with a network of research institutes of the leading business organization, Partner Institutes.
This ranking has 12 indicators of state institutions, infrastructure, environmental health, macro-economic and basic education, higher education and training. Other indicators of a good market efficiency, labor market efficiency, financial market development, technological readiness readiness, market size, business sophistication and innovation. Here are four countries with the highest competitiveness in the world.
1. Switzerland
Switzerland managed to maintain its position in the first place, like last year. Switzerland is considered to have a perfect capacity for innovation and sophisticated business culture. The country was ranked fourth for business sophistication and rank second to the capacity of innovation.
Switzerland also has the best research institutions in the world, and strong collaboration between academic and business sectors. This is combined with high company spending in the sector of research and development (R & D) to ensure more and more research supports the value of products and processes. Also strengthened the protection of intellectual property rights and government support for innovation and procurement process.
Public institutions in Switzerland are also considered the most effective and transparent in the world (ranked 5), or better than last year. The structure of government also ensured a place to play (playing field) are equal, increase business confidence, including a strong rule of law, and accountable public sector.
Competitiveness of the country is also supported by good infrastructure (rank 6), the availability of goods (rank 4), developed financial markets (rank
and the most efficient job in the world (ranked second, after Singapore). Macro economics of Switzerland fell last year, but bounced back and became the most stable in the world (ranking 5) where now many countries struggling with this situation.
2. Sweden
Sweden is seen moving ahead of Singapore and the United States, so the two ranks. The country is taking advantage of the public institutions most transparent and efficient in the world. Low levels of corruption and their governments is one of the most efficient in the world. Public trust in politicians was ranked third.
While private institutions also received a high ranking (rank 3), with the best corporate ethics behavior (rank 1). High standards of auditing and company officials to function properly. While goods and financial markets are very efficient, even though labor markets are considered less flexible.
This combination coupled with the strength diffusional education for many years (rank 2 in the field of higher education and training) and technology adoption strongest in the world (ranked 1 in terms of technological readiness). Sweden to build a sophisticated business culture (ranked 2) and one of the leaders of innovation (ranked 5). These characteristics make Sweden has the productivity and economic competitiveness is high.
3. Singapore
Singapore stay in position 4, and still the highest order from Asia. The department considered the best in the world, was ranked first in reducing corruption and efficient government. Singapore became the most efficient place for goods and labor markets (rank 1) and ranked second for the sophistication of financial markets.
Singapore also has a world-class infrastructure (ranked 5) good roads, ports, air transport facilities. Besides the competitiveness of this country supported a strong focus on education, providing individuals with skills needed for a rapidly changing global economy. To strengthen competitiveness, Singapore has also adopted the latest technology and technological improvements.
4. United States
Ranked the United States continued to fall since last year, falling two-level rank to 4. While many categories to make the economy productive. A number of weaknesses jurist downgraded the U.S. over the last 2 years.
Those advantages, U.S. companies are very sophisticated and innovative, supported by a good university system, combining the business sector in research and development. With the largest domestic economy in the world, making the chances of the U.S. is very competitive. American labor market is ranked fourth, which is easy to find workers with significant wage flexibility.