WHO is the best of the world Competitiveness in 2009
Based on the results of the World Competitiveness Yearbook 2009, IMD is pleased to announce an additional ranking – the Stress Test on Competitiveness. Denmark finishes in first place in the “Stress Test” rankings, an analysis of which countries are better equipped to fare through the financial crisis and improve their competitiveness in the near future. In other words, the test is future oriented – it focuses on exposure, readiness and resilience in a period of world recession.
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Despite finishing first in the overall 2009 World Competitiveness Yearbook rankings, the United States comes in 28th position in the Stress Test, underlining the concern of the market with the depth of the crisis and the time that it will take to solve it.
Between the 18th and 30th positions in the Stress Test are the larger exporting nations led by China (18th), and which includes Taiwan (21st), Brazil (22nd), Germany (24th), Japan (26th) and Korea (29th). Ireland (25th) could have been higher in terms of resilience but the suddenness and the magnitude of the real estate and the financial crisis have probably taken the country aback.
The UK (34th) is in a disquieting position; just as is France (44th), Italy (47th) and Spain (50th), stressing how much the recovery in these countries may be hampered by structural rigidities. Finally, Russia in 51st position may not have had enough years of economic growth to consolidate the structure of its economy and to create the necessary buffer to cope with a crisis of this magnitude.
Between the 18th and 30th positions in the Stress Test are the larger exporting nations led by China (18th), and which includes Taiwan (21st), Brazil (22nd), Germany (24th), Japan (26th) and Korea (29th). Ireland (25th) could have been higher in terms of resilience but the suddenness and the magnitude of the real estate and the financial crisis have probably taken the country aback.
The UK (34th) is in a disquieting position; just as is France (44th), Italy (47th) and Spain (50th), stressing how much the recovery in these countries may be hampered by structural rigidities. Finally, Russia in 51st position may not have had enough years of economic growth to consolidate the structure of its economy and to create the necessary buffer to cope with a crisis of this magnitude.
From : http://www.imd.ch/news/IMD-WCY-2009.cfm
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