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Friday, 28 October 2016


Georgia in 90th in the list of competitiveness

2010-10-15 17:35

8847.jpegThe Global Competitiveness Report 2010-2011, prepared by the World Economic Forum, gave Georgia the 90th position. Post-Soviet republics lower in the list: Moldova [94th ], Armenia [97th], Tajikistan and Kyrgyzstan - The Severny Kavkaz  newspaper. Russia is 63rd in the list.

Switzerland was called the #1.  The large-scale survey, annually conducted by WEF analytics in cooperation with leading research institutions, was based on processed publicly available data and surveying of 13 500 top managers of companies in 139 countries, mentioned in the report.

Among the 12 pillars of the competiveness: institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market development, technological readiness, market size, business sophistication, and innovation.

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