GCC economies get moving on competitiveness | GulfNews.com:
"The recent 2013-14 Global Competitiveness Report published by the World Economic Forum confirms that some GCC countries must do more to score on this key economic parameter. In fact, the Global Competitiveness Index (GCI), an integral part of the report, gives Qatar and Bahrain rankings of 13 and 43 respectively while, interestingly enough, only the UAE and Kuwait succeeded in improving their rankings among GCC states.
Conversely, Bahrain’s ranking suffered a setback, dropping eight notches in a single year to fare the worst among GCC states. This whole negative scenario adds urgency to resolving the country’s socio-political crisis, which erupted in February 2011 with adverse effects for its economic fortunes as well.
The report ranks Qatar as the 13th most competitive economy in the world and the best within Middle East and North Africa region. The economies ahead of it in the pecking order are Switzerland, Singapore, Finland, Germany, the US, Sweden, Netherlands, Hong Kong, Japan, Britain, Norway and Taiwan."
'via Blog this'
"The recent 2013-14 Global Competitiveness Report published by the World Economic Forum confirms that some GCC countries must do more to score on this key economic parameter. In fact, the Global Competitiveness Index (GCI), an integral part of the report, gives Qatar and Bahrain rankings of 13 and 43 respectively while, interestingly enough, only the UAE and Kuwait succeeded in improving their rankings among GCC states.
Conversely, Bahrain’s ranking suffered a setback, dropping eight notches in a single year to fare the worst among GCC states. This whole negative scenario adds urgency to resolving the country’s socio-political crisis, which erupted in February 2011 with adverse effects for its economic fortunes as well.
The report ranks Qatar as the 13th most competitive economy in the world and the best within Middle East and North Africa region. The economies ahead of it in the pecking order are Switzerland, Singapore, Finland, Germany, the US, Sweden, Netherlands, Hong Kong, Japan, Britain, Norway and Taiwan."
'via Blog this'
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