11.18.2007

Philippines No. 71 on Global Competetiveness Report

The United States tops the overall ranking in The Global Competitiveness Report 2007-2008. Switzerland is in second position followed by Denmark, Sweden, Germany, Finland and Singapore, respectively.

The rankings are calculated from both publicly available data and the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum together with its network of Partner Institutes (leading research institutes and business organizations) in the countries covered by the Report. This year, over 11,000 business leaders were polled in a record 131 countries.

The Philippines? At no. 71. Here's the country analysis:
(rank out of 131 economies)

Subindex A: Basic requirement 93
1st pillar: Institutions 95
2nd pillar: Infrastructure 94
3rd pillar: Macroeconomic stability 77
4th pillar: Health and primary education 86



Subindex B: Efficiency enhancers 60
5th pillar: Higher education and training 62
6th pillar: Goods market efficiency 64
7th pillar: Labor market efficiency 100
8th pillar: Financial market sophistication 77
9th pillar: Technological readiness 69
10th pillar: Market size 24


Subindex C: Innovation and sophistication factors 65
11th pillar: Business sophistication 55
12th pillar: Innovation 79

In the most problematic factors, parang wala namang bago at di na nakapagtataka. Eh, these are perennial problems na of the Philippines. Same old predicaments. Kaya hindi umaasenso ang Pilipinas dahil hanggang ngayon ay hindi pa rin naaksyunan ang mga problema ng bansa. Hay....



source: World Economic Forum website

1 comments:

Kero said...

Hi Krephel. Thank you for visiting. You are from Bicol pala. We were there touring for our honeymoon last year. It was interesting and lovely. I enjoyed your posts too.Keep them up. as for our global competitiveness, haay naku, we have to revamp the congress, the senate and the whole political system para maramdaman ang sinasabing good economy sa atin