IMS Eastern Region » IMD World Competitiveness http://www.imseasternregion.co.uk Institute For Management Services - Eastern Region Tue, 24 Aug 2010 14:33:03 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 IMD World Competitiveness 2008 http://www.imseasternregion.co.uk/2008/05/29/2008-world-competitiveness/ http://www.imseasternregion.co.uk/2008/05/29/2008-world-competitiveness/#comments Thu, 29 May 2008 12:21:32 +0000 Ray Martin http://www.imseasternregion.co.uk/?p=130 Again this year, the United States is first in the rankings of the 2008 IMD World Competitiveness Yearbook, a pioneer in ranking and analyzing how nations compete and manage their path to prosperity,

But will the United States’ run continue? In 1989, Japan seemed firmly in the number one position with the US in third. By 1994, however, the US took over leadership, a position it has held ever since. The downfall of Japan in competitiveness bears some similarities with the present situation. Will the US follow the same path?


 

THE TOP 20 IN 2008 (OUT OF 55)

 

20 YEARS AGO IN 1989!

Score 2008

Country

Rank 2008

Rank 2007

 

OECD Countries

Rank 1989

Score 1989

100.0

USA

1

1

 

Japan

1

100.0

99.3

Singapore

2

2

 

Switzerland

2

98.5

95.0

Hong Kong

3

3

 

USA

3

92.7

89.7

Switzerland

4

6

 

Canada

4

87.3

84.4

Luxembourg

5

4

 

Germany (FRG)

5

85.0

83.9

Denmark

6

5

 

Finland

6

81.5

83.5

Australia

7

12

 

Netherlands

7

81.2

82.9

Canada

8

10

 

Sweden

8

80.5

82.5

Sweden

9

9

 

Norway

9

79.2

80.5

Netherlands

10

8

 

Australia

10

77.7

79.5

Norway

11

13

 

NON-OECD Countries

Rank 1989

Score 1989

77.6

Ireland

12

14

 

77.4

Taiwan

13

18

 

Singapore

1

100.0

75.0

Austria

14

11

 

Hong Kong

2

91.5

75.0

Finland

15

17

 

Taiwan

3

90.0

74.7

Germany

16

16

 

S. Korea

4

75.7

73.8

China Mainland

17

15

 

Malaysia

5

73.5

73.4

New Zealand

18

19

 

Thailand

6

63.9

73.2

Malaysia

19

23

 

India

7

55.3

72.4

Israel

20

21

 

Brazil

8

52.6

(NB: The Scores are actually indices – 0 to 100 – generated for the unique purpose of constructing charts and graphics)

The rankings for 2008 are not comparable to those of 1989 because nations were then split into industrialized and emerging economies.

]]> http://www.imseasternregion.co.uk/2008/05/29/2008-world-competitiveness/feed/ 0 IMD World Competitiveness 2007 http://www.imseasternregion.co.uk/2007/07/03/imd-world-competiveness-2007/ http://www.imseasternregion.co.uk/2007/07/03/imd-world-competiveness-2007/#comments Tue, 03 Jul 2007 21:30:16 +0000 Ray Martin http://www.phasenoise.co.uk/imseasternregion/?p=109 The results of the 2007 edition of IMD’s World Competive Yearbook highlight a big shake-up in economic and business power. Emerging nations are quickly catching up in competitiveness. New companies and new brands are appearing all over the world. They now contest the long standing competitive supremacy of industrialised nations. “This could lead to an increase in protectionist measures in Europe and the US” says Professor Stephane Garelli, Director of IMD’s World Competitiveness Centre

Of the 55 economies ranked by IMD, the USA still ranks No1 in 2007, closely followed by Singapore and Hong Kong.

However 40 economies are now increasing or maintaining thier competitiveness compared to the US – in other words “closing the gap”. Only 15 are losing ground.

China, Russia, India, the Slovak Republic, Estonia, Sweden, Austria, Australia, Denmark, Switzerland and Hong Kong have displayed a strong improvement in thier competitiveness performance in receny years. This does not imply that all of these nations are already at the top of the competitiveness league, However, they are catching up quickly. Such strong performances will obviously impact future rankings.

On the other hand, Indonesia. Italy, Argentina, Brazil, Mexico, Turkey, the Phillipines and France have tendeded to lose ground compared to the top league. Dispite some real and specific competitive advantage, these nations will sooner or later, lose thier standing in world competitiveness if they do not improve thier performance.

WCY 2007 Ranking
1 Long-term trends based on the evolution of overall competitiveness drawn from the IMD WCY database
Compound annual growth rate. 2006 rankings are in brackets.

  1. Usa (1)
  2. Singapore (3)
  3. Hong Kong (2)
  4. Luxembourg (9)
  5. Denmark (5)
  6. Switzerland (8)
  7. Iceland (4)
  8. Netherlands (15)
  9. Sweden (14)
  10. Canada (7)
  11. Austria [13]
  12. Australia (6)
  13. Norway (12)
  14. Ireland (11)
  15. China Mainland [18]
  16. Germany (25)
  17. Finland (10)
  18. Taiwan (17)
  19. New Zealand (21)
  20. United Kingdom (20)
  21. Israel (24)
  22. Estonia (19)
  23. Malaysia (22)
  24. Japan (16)
  25. Belgium (26)
  26. Chile (23)
  27. India (27)
  28. France (30)
  29. Korea (32)
  30. Spain (31)
  31. Lithuania
  32. Czech Republic (28)
  33. Thailand (33)
  34. Slovak Republic (34)
  35. Hungary (35)
  36. Greece (36)
  37. Jordan (40)
  38. Colombia (34)
  39. Portugal (37)
  40. Slovenia (39)
  41. Bulgaria (41)
  42. Italy (48)
  43. Russia (46)
  44. Romania [49]
  45. Philippines (42)
  46. Ukraine
  47. Mexico (45)
  48. Turkey (43)
  49. Brazil (44)
  50. South Africa (38)
  51. Argentina (47]
  52. Poland (50)
  53. Croatia (51)
  54. Indonesia (52]
  55. Venezuela (53)
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