GENEVA: The Global Competitiveness Report 2006-2007, released this week by the World Economic Forum, names Switzerland the world's most competitive nation, toppling the United States from the podium and into sixth position.
The rankings are compiled from a combination of publicly available hard data, plus the Executive Opinion Survey, an annual poll of over 11,000 business leaders in 125 economies.
Topping the class of 2006 are . . .
- United Kingdom
Comments WEF chief economist Augusto Lopez-Claros
: "The top rankings . . . show that good institutions and competent macroeconomic management, coupled with world-class educational attainment and a focus on technology and innovation, are a successful strategy for boosting competitiveness in an increasingly complex global economy."
Incorporated as a not-for-profit foundation in 1971 the Geneva-based WEF operates under the supervision of the Swiss Federal Government. It is impartial and tied to no political, partisan or national interests.
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Data sourced from WEF website; additional content by WARC staff