The Global Competitiveness Report's competitiveness ranking is based on the Global Competitiveness Index (GCI), which was introduced in 2004. The GCI is based on 12 pillars of competitiveness: institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market development, technological readiness, market size, business sophistication, and innovation. The rankings are calculated from both publicly available data and the Executive Opinion Survey, an annual survey conducted by the World Economic Forum together with its network of Partner Institutes. For this survey, over 13,500 business leaders were polled in 139 economies. The survey is designed to capture a broad range of factors affecting an economy's business climate. The report also includes listings of the main strengths and weaknesses of countries, making it possible to identify key priorities for policy reform. The report contains a detailed profile for each of the 139 economies featured in the study, providing a comprehensive summary of the overall position in the rankings, as well as data tables with global rankings for over 110 indicators. The report also features discussions on selected regions and topics, including an analysis of the competitiveness of the European Union countries (guest-authored by European Commissioner Joachim Almunia); a review of Latin America's infrastructure challenges, with a special focus on Brazil; a discussion on the relationship between macroeconomic stability and longer-term competitiveness; and the results of the EU Joint Research Centre's analysis of the GCI Table of Contents......Page 4 Partner Institutes......Page 6 Preface......Page 12 Part 1: Measuring Competitiveness......Page 14 Part 2: Data Presentation......Page 80 2.1: Country/Economy Profiles......Page 82 2.2 Data Tables......Page 366 Technical Notes......Page 508 About the Authors......Page 512 Acknowledgments......Page 514
