The U.S. economy lost the title of the most competitive in the world. In a new ranking compiled by the Swiss Institute for management (IMD), the US took the third position.
photo: Alexander Astafyev
The American economy held the lead for the last three years, but is now in first place was Hong Kong, the second to Switzerland. Singapore, previously trailing the top three, ranked fourth.
The top ten also includes Sweden, Denmark, Ireland, the Netherlands, Norway and Canada.
But Kazakhstan fell by 13 positions (47th place), China slipped three places and is now engaged in 25 th place. Belarus in the rating is not included.
The evaluation is based on 369 criteria, broken into four parts: the overall efficiency of the economy, public administration, business efficiency and infrastructure development. Based on taken data, and expert opinions.Related posts: