LAUSANNE - (May 30, 2016) - The USA has surrendered its status as the world’s most competitive economy after being overtaken by China Hong Kong and Switzerland, according to the IMD World Competitiveness Center. Figure 7 depicts the evolution in unemployment rate over the period 2007–14 in selected advanced economies. Global Competitiveness Report 2016-17. Box 3: The most problematic factors for doing business: Impacts of the global crisis; Box 4: China’s new normal; Appendix: Methodology and Computation of the Global Competitiveness Index 2015–2016; Chapter 1.2 Drivers of Long-Run Prosperity: Laying the Foundations for an Updated Global Competitiveness Index. Er löste den vormals verwendeten und nach anderen Algorithmen berechneten Growth Competitiveness Index ab. In the 2016 GMCI, CEO survey respondents were asked to rank nations in terms of current and future manufacturing competitiveness. 2013 Global Manufacturing Competitiveness Index, 2010 Global Manufacturing Competitiveness Index. Learn how this new reality is coming together and what it will mean for you and your industry. At the left of the chart, for example, Greece’s trajectory shows the unemployment rate soaring. Ten years on from the global financial crisis, the prospects for a sustained economic recovery remain at risk due to a widespread failure on the part of leaders and policy-makers to put in place reforms necessary to underpin competitiveness and bring about much-needed increases in productivity, according to data from the World Economic Forum’s Global Competitiveness Report 2017 … The Global Sustainable Competitiveness 2016 is topped by Swed en Scandinavia tops the GSCI (again); Germany ranked 14, Japan 15, UK 21, US only 32, China 37 SolAbility releases the rankings of the 5th edition of the Global Sustainable Competitiveness Index (GSCI). The world’s three most competitive economies—Switzerland, Singapore, and the United States—score well in the vast majority of these indicators. For information, contact Deloitte Touche Tohmatsu Limited. With a score of 84.8 (+1.3), Singapore is the world’s most competitive economy in 2019, overtaking the United States, which falls to second place. Raising productivity growth increases potential output and can contribute to boosting overall growth. Alicia Nicholls A few days ago, the World Economic Forum (WEF) released its Global Competitiveness Report 2016-2017. The Global Competitiveness Report 2015–2016 | v The World Economic Forum’s Global Competitiveness and Risks Team is pleased to acknowledge and thank the following organizations as its valued Partner Institutes, without which the realization of The Global Competitiveness Report 2015–2016 would not have been feasible: Albania The Global Competitiveness Index 2015–2016 This section presents the main findings of the GCI 2015–2016, starting with an analysis of selected overarching topics and then drilling down into regions and selected countries. High-income and developing countries alike are seeking innovation-driven growth through different strategies. However, the Survey was not administered this year in Angola, Burkina Faso, or Timor-Leste DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. Die Bestplatzierung der Schweiz basiert vor allem auf ihrem hervorragenden Innovationssystem. Collectively, these countries account for 60 percent of world’s manufacturing GDP, demonstrating the influence these nations have on global manufacturing trends. This year’s edition highlights that declining openness is threatening growth and prosperity. What the 1% Don't Want You to Know - Duration: 24:31. The latest edition covered 141 economies, accounting for over 98% of the world’s GDP. Der Global Competitiveness Report ist eine Rangliste der Volkswirtschaften … Competitiveness Index in Guyana averaged 3.56 Points from 2007 until 2016, reaching an all time high of 3.77 Points in 2014 and a record low of 3.24 Points in 2008. Two things immediately struck me as I perused the list of 138 economies which made the GCI 2016. About this presentation This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related Zu diesem Ergebnis kommt das World Economic Forum in seinem letzte Woche erschienenen Global Competitiveness Report 2016/2017. The World Economic Forum publishes a comprehensive series of reports which examine in detail the broad range of global issues it seeks to address with stakeholders as part of its mission of improving the state of the world. Nations and companies are striving to advance to the next technology frontier and raise their economic well-being. Governments around the world resorted to short-term solutions to stabilize the economy and stimulate growth—but growth remains subdued seven years on, beyond the typical duration of a business cycle. The first was that because of data shortages only 4 Caribbean countries (Barbados, Jamaica, Dominican Republic and Trinidad & Tobago… Der Global Competitiveness Index (GCI) (Wachstumswettbewerbsfähigkeitsindex) ist ein Indikator für die Wettbewerbsfähigkeit einzelner Staaten. In emerging markets and developing countries in particular, there is scope for raising productivity through structural reforms. 294 | The Global Competitiveness Report 2015–2016 Factor driven Efficiency driven Innovation driven 1 Transition 1–2 2 Transition 2–3 3 Stage of development * From the list of factors, respondents were asked to select the five most problematic for doing business in their country and to rank them between 1 (most problematic) and 5. Even in countries where primary and secondary education is almost universal, the quality of that education can be mediocre and curricula are not adapted to the needs of businesses. Explore the reportReport. A weekly update of what’s on the Global Agenda, Chapter 1.1 Reaching Beyond the New Normal: Findings from the Global Competitiveness Index 2015–2016, The Global Competitiveness Index 2015–2016, Box 1: The Inclusive Growth and Development Report, Box 2: The Case for Trade and Competitiveness, Box 3: The most problematic factors for doing business: Impacts of the global crisis, Appendix: Methodology and Computation of the Global Competitiveness Index 2015–2016, Chapter 1.2 Drivers of Long-Run Prosperity: Laying the Foundations for an Updated Global Competitiveness Index, What competitiveness is and why it matters, Appendix A: Measurement of Key Concepts and Preliminary Index Structure, Chapter 1.3 The Executive Opinion Survey: The Voice of the Business Community, Survey structure, administration, and methodology, Box 1: Example of a typical Survey question, Box 2: Insights from the Executive Opinion Survey 2015, Centre for the Fourth Industrial Revolution, A Global Platform for Geostrategic Collaboration, Schwab Foundation for Social Entrepreneurship. Detailed scorecards for all the economies in the sample are available in the data section of this Report.6. Download Report: The Global Competitiveness Report 2016-2017. Manufacturing related activities among global nations are rapidly evolving. The collapse of Lehman Brothers in 2008 triggered a crisis of historical proportions, sending the global economy into freefall. For 2017, Switzerland was ranked 1 whereas Yemen, Rep. was the country with the lowest rank of 137. The Global Sustainable Competitiveness Index (GSCI) is the most comprehensive ranking of countries currently available. The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (DTTL) Global Consumer & Industrial Products Industry Group and the Council on Competitiveness, with prior studies published in 2010 and 2013. Österreich liegt im internationalen Vergleich der Wettbewerbsfähigkeit auf Platz 19 (von insgesamt 138 betrachteten Ländern). Countries rated as more competitive before the crisis tended either to withstand it better (e.g., Germany, Switzerland) or bounce back more quickly. The first was that because of data shortages only 4 Caribbean countries (Barbados, Jamaica, Dominican Republic and Trinidad & Tobago… This edition explores the impact of innovation-oriented policies on economic growth and development. About the 2016 Global Manufacturing Competitiveness Index The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (Deloitte Global) Global Consumer & Industrial Products Industry group and the US Council on Competitiveness, with prior studies published in 2010 and 2013. Factors that contribute to the GCI can also help to explain the slowdown in productivity growth: these include lack of infrastructure, rigid labor and goods markets, underdeveloped financial markets, inefficient use of talent, lack of access to or poor quality of education, slow adoption of technologies, and low innovation rates. The score Report Online: Zentrale Fakten auf einen Blick. Alicia Nicholls A few days ago, the World Economic Forum (WEF) released its Global Competitiveness Report 2016-2017. Introduction The Global Competitiveness Report 2015-2016 calls for productivity-enhancing reforms to break with this pattern. High-income and developing countries alike are seeking innovation-driven growth through different strategies. While the shortcomings in advanced economies are most likely to center on higher education, the skills gap, as well as labor market and wage-setting rigidities, in less-developed countries the issues center on public health and basic education. Another explanation for low economic growth, particularly in Europe, is that lending has not yet fully recovered since the financial crisis (Figure 4). Two things immediately struck me as I perused the list of 138 economies which made the GCI 2016. 2:44. They also clearly illustrate the close tie that exists between manufacturing competitiveness and innovation. Moyers & … By using our website you consent to all cookies in accordance with our updated Tables 1–5 report the rankings for the overall GCI, the three subindexes, and their corresponding pillars. The Global Sustainable Competitiveness Index. Tables 1–5 report the rankings for the overall GCI, the three subindexes, and their corresponding pillars. This suboptimal situation is often referred to as the new normal. With the release of the 2016 Global Manufacturing Competitiveness Index (GMCI), Deloitte Touche Tohmatsu Limited (Deloitte Global) and the Council on Competitiveness (the Council) in the US build upon the GMCI research, with prior studies published in 2010 and 2013. There is no general agreement on the factors driving the slowdown in productivity growth. World Economic Forum: Webseite The Global Competitiveness Report 2015-2016 calls for productivity-enhancing reforms to break with this pattern. Der Global Competitiveness Report setzt zahlreiche beeinflussende Faktoren in Relation und schafft damit sehr lesenswerte Zusammenhänge und Betrachtungsvorschläge. It is based on a competitiveness model that incorporates all pillars of sustained growth and wealth creation: natural capital availability; national governance; intellectual capital; resource efficiency, and social cohesion. The Global Competitiveness Index 2015-2016 presents a framework and a corresponding set of indicators in three principal policy domains (pillars) and twelve sub-domains (sub-pillars) for 140 countries. Australia’s ranking in the World Economic Forum’s (WEF) Global Competitiveness Report slid one place to 22nd in 2016-17, indicating a slight deterioration in national business competitiveness compared to one year earlier (Chart 1). Please enable JavaScript to view the site. Its latest rank is 80 out of 137 countries for 2017. DTTL does not provide services to clients. Mit der Herausgabe des 2016 Global Manufacturing Competitiveness Index (GMCI) setzen Deloitte Touche Tohmatsu Limited (Deloitte Global) und der Council on Competitiveness (USA) die Untersuchungen der 2010 und 2013 veröffentlichten Studien fort. Er wird vom Weltwirtschaftsforum erhoben und im Rahmen des Global Competitiveness Report veröffentlicht. Der Global Competitiveness Report 2016-2017 bewertet die Wettbewerbsfähigkeit von 138 Volkswirtschaften und gibt Einblicke, welche Faktoren sie so produktiv und erfolgreich machen. And as the digital and physical worlds of manufacturing converge, advanced technologies have become even more essential to company- and country-level-competitiveness. However, commonly suggested explanations include: technological inventions of the last decade, such as social networks and the sharing economy, having a more limited effect on productivity than the Internet revolution of the previous decade (and also creating value of a kind not captured in national accounts and hence not showing up in productivity data);10 barriers to knowledge diffusion that prevent smaller companies from assimilating knowledge from larger firms;11 and a slowdown in the growth of global trade, which is only partly explained by the slowing growth in GDP. From its influence on infrastructure development, job creation, and contribution to gross domestic product (GDP) on both an overall and per capita basis, a strong manufacturing sector creates a clear path toward economic prosperity. Although the relationship between unemployment and competitiveness is complex, both rely heavily on the adequacy of the education system and the efficiency of the labor market: by educating, training, and rewarding people appropriately, a country ensures that its workers have the skills to attain productive employment and that it can attract and retain talent. The difficulty of finding jobs in the formal sector reduces the incentives for workers to invest in their own education. The 2016 study takes a closer look at six focus nations: United States, China, Japan, Germany, South Korea, and India. The Global Competitiveness Index 2015-2016 presents a framework and a corresponding set of indicators in three principal policy domains (pillars) and twelve sub-domains (sub-pillars) for 140 countries. Diese Indices werden auf der Basis der Kombination von Fakten (z.B. Please see www.deloitte.com/about to learn more. Small- and medium-sized enterprises are being particularly affected.13. Besides reports on its key events and standalone publications such as the Global Competitiveness Report, the Global Risks Report and the Global Gender Gap Report, the … The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (DTTL) Global Manufacturing Industry Group and the Council on Competitiveness, with prior studies published in 2010 and 2013. Access a free summary of The Global Competitiveness Report 2016–2017, by Klaus Schwab and 20,000 other business, leadership and nonfiction books on getAbstract. Figure 5 compares the growth trajectory of the five most and five least competitive advanced economies as identified in the 2007–2008 Global Competitiveness Index.14 The growth differential between the two groups averaged around 4 percent between 2010 and 2013. DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. The contribution of competitiveness to resilience appears to hold for economies at most stages of development.15 Figure 6 reports average growth over the period 2008–14 for the GCI 2007–2008’s three most and least competitive economies in each of the five income groups. Dies geht aus dem letzte Woche erschienenen Global Competitiveness Report 2016/2017 des World Economic Forum hervor. Seven years after the beginning of the financial crisis in 2008, its consequences are still being felt around the world. Top countries. China and the United States jockey for top honors while Germany holds firm. In less competitive countries, unemployment has remained well above pre-crisis levels. The Global Competitiveness Index 2016-2017 presents a framework and a corresponding set of indicators in three principal categories (subindexes) and twelve policy domains (pillars) for 138 countries. The results of the 2016 study clearly show the ongoing influence manufacturing has on driving global economies. Damit führt das Land nunmehr zum 8. © 2021. According to International Labour Organization (ILO) estimates, the global unemployment rate in 2014 was 5.9 percent—some 201 million people—with youth unemployment running at 13 percent.16 Unemployment spiked in almost every country after the crisis, but individual countries have widely different trajectories. Mal in Folge das Ranking an. In each group, the most competitive economies have grown significantly more since the beginning of the crisis. Interaktive Heatmap: Anschauen. This edition explores the impact of innovation-oriented policies on economic growth and development. The Global Innovation Index ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators. From a peak in 2010, the most competitive economies have managed to bring unemployment down toward pre-crisis levels. This year’s Global Competitiveness Report is the latest edition of the series launched in 1979 that provides an annual assessment of the drivers of productivity and long-term economic growth. Telecommunications, Media & Entertainment. Brazil went down by 8 in rank for the Global Competitiveness Index from 2007 to 2017. The Global Competitiveness Report 2015–2016 | 77 1.3: The Executive Opinion Survey Geographic coverage Following a year of non-inclusion, Benin, Bosnia and Herzegovina, Ecuador, and Liberia are reinstated in the 2015 edition. Guiding organizations to a more sustainable future. Some countries with positive overall performance but shortcomings in at least one dimension—such as Germany, the Republic of Korea, and Japan—may still have positive unemployment trajectories, but they are also exposed to the risk of creating a two-tier labor market that discriminates between permanent employees and others. Other structural factors at play include a slower pace of trade liberalization or even the introduction of trade barriers, and a slower expansion of cross-border value-chain trade.12 Box 2 discusses the links between trade and competitiveness. Guyana scored 3.56 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Im Vergleich zum letzten Global Competitiveness Ranking hat Österreich damit zwar 4 Plätze gut gemacht, der Status im globalen … In fact, technology-intensive sectors dominate the global manufacturing landscape in most advanced economies and appear to offer a strong path to achieve or sustain manufacturing competitiveness. Although many possible explanations for this situation have been advanced—including Lawrence Summers’ “secular stagnation” argument,8 the aging of populations in most advanced economies and some emerging countries, and declining capital investment—slowing productivity growth is undoubtedly part of the story, especially in emerging markets.9 In the last decade, productivity in most regions has grown more slowly than in the decade before (Figure 2). In the bottom-right of the chart, by contrast, Switzerland’s consistently high GCI results coincide with a relatively steady unemployment rate. The Global Competitive Index forms the basis of the report. This is true for both advanced economies and developing ones, because talent generates ideas that in turn power innovation, and because strong vocational skills remain an important source of comparative advantage. Report highlights. The World Economic Forum Global Competitiveness Report 2016-2017 assesses the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity. Despite very low interest rates, banks are reluctant to lend because of the uncertain environment and, arguably, also because of much stricter regulations that were implemented in the wake of the financial crisis to stabilize the banking sector. Southern European countries where unemployment has spiked, such as Spain and Italy, perform poorly on most. Join us for a celebration of 175 years of making an impact that matters. The Global Competitiveness Index 2016-2017 presents a framework and a corresponding set of indicators in three principal categories (subindexes) and twelve policy domains (pillars) for 138 countries. Der Global Competitiveness Index besteht aus den drei Indices: „Technologie“, „Öffentliche Institutionen“ und „Makroökonomie“. The Global Innovation Index ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators. Table 6 presents the performance of selected advanced economies on indicators of education and labor market efficiency. The sheer power of the economy of the USA is no longer sufficient to keep it at the top of the prestigious World Competitiveness Ranking, which it has led for the past three years. Trends since 2007 support the hypothesis that competitiveness contributes to an economy’s resilience, providing another reason to prioritize productivity growth now. The GCI results reveal that considerable room for improvement exists in every country in all areas that drive productivity (Figure 3), and in each instance this constitutes a potential source of productivity gain. and 20,000 other business, leadership and nonfiction books on getAbstract. In 2015, global growth is projected at 3.3 percent, its lowest rate since 2009—the trough of the crisis—and one of the lowest since 2000.7 Unemployment, especially among youth, remains elevated. Most comprehensive ranking of countries currently available productivity growth increases potential output and can contribute to boosting overall growth the! Seven years after the beginning of the financial crisis in 2008 triggered a crisis of historical proportions, sending Global! 2016 study clearly show the ongoing influence manufacturing has on driving Global.... 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