Tajikistan tops Central Asian member nations of SCO in terms of quality of roads

Asia-Plus

Tajikistan tops the Central Asian member nations (Kazakhstan and Kyrgyzstan) of the Shanghai Cooperation Organization (SCO) in terms of quality of roads, according to the SCO’s official website. 

The Global Competitiveness Report 2016-2017 released by the World Economic Forum (WEF) assesses the competitiveness landscape of 137 economies, providing insight into the drivers of their productivity and prosperity.

The report assesses not only economic indices but also quality of roads and infrastructure.

The Global Competitiveness Index 2017-2018 presents a framework and a corresponding set of indicators in three principal categories (subindexes) and twelve policy domains (pillars) for 137 economies.

The Global Competitiveness Index 2017-2018 ranks Tajikistan 70th, Kazakhstan 115th and Kyrgyzstan 122nd.    

No data was available for Turkmenistan and Uzbekistan.

This year’s edition highlights that declining openness is threatening growth and prosperity. It also highlights that monetary stimulus measures such as quantitative easing are not enough to sustain growth and must be accompanied by competitiveness reforms. Final key finding points to the fact that updated business practices and investment in innovation are now as important as infrastructure, skills and efficient markets.

Switzerland, Singapore and the United States remain the three world’s most competitive economies.

The Shanghai Cooperation Organization now has eight full members — China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan.  Afghanistan, Belarus, Iran and Mongolia are four observer states, and SCO’s dialogue partners include Armenia, Azerbaijan, Cambodia, Nepal, Sri Lanka and Turkey.  ACEAN, CIS and Turkmenistan are guest attendances.

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