DUSHANBE, December 25, 2012, Asia-Plus — The Global Competitiveness Report 2012-2013 by the World Economic Forum (WEF) has ranked Tajikistan 135th among 144 economies.
In the Global Competitiveness Report for 2011-2012, Tajikistan shared the 105th place with the Russian Federation. Kazakhstan was ranked 89th last year.
This year’s report ranked Kazakhstan 99th and the Russian Federation 118th.
The Global Competitiveness Report 2012-2013 assesses the competitiveness landscape of 144 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.
This year’s report findings show that Switzerland tops the overall rankings in The Global Competitiveness Report for the fourth consecutive year. Singapore remains in second position with Finland, in third position, overtaking Sweden 4th. These and other Northern and Western European countries dominate the top 10 with the Netherlands, Germany and United Kingdom respectively ranked 5th, 6th and 8th. The United States (7th), Hong Kong (9th) and Japan (10th) complete the top 10.
The Report emphasizes persisting competitiveness divides across and within regions, as short-termism and political deadlock continue to hold back the economic performance of many countries and regions. Looking forward, productivity improvements and private sector investment will be key to improving global economies at a time of heightened uncertainty about the global economic outlook.
The Global Competitiveness Report (GCR) is a yearly report published by the World Economic Forum. The first report was released in 1979. The report assesses the ability of countries to provide high levels of prosperity to their citizens. This in turn depends on how productively a country uses available resources. Therefore, the Global Competitiveness Index measures the set of institutions, policies, and factors that set the sustainable current and medium-term levels of economic prosperity
