The Global Competitiveness Report 2017–2018

October 01, 2017
The Global Competitiveness Report 2017–2018

The World Economic Forum has published its Global Competitiveness Report 2017-2018, and shows that Switzerland is the world’s most competitive economy, for the ninth consecutive year in a row, narrowly ahead of the US and Singapore.

As we approach the 10th anniversary of the global financial crisis, the world economy is showing encouraging signs of recovery, with GDP growth accelerating to 3.5 percent in 2017. Despite this positive development, leaders are facing major predicaments when it comes to economic policy. Uneven distribution of the benefits of economic progress, generational divides, rising income inequality in advanced economies, and increasing environmental degradation have heightened the sense that the economic policies of past years have not served citizens or society well.

Source: 
The World Economic Forum