The Netherlands slips on WEF world's most competitive economy list

Britain scored highly on diversity of workforce but still fell two places on the table of competitive economies

The World Economic Forum, the same organization that runs the Davos meeting of global powerbrokers each January, bases its rankings of 140 economies on a dozen drivers of competitiveness, including a country's institutions and the policies that help drive productivity.

On the list of 140 economies, the U.S. is followed by Singapore and Germany in the second and the third positions respectively.

The WEF report looked at 12 pillars to assess country rankings: institutions, infrastructure, information and communications technology adoption, macroeconomic stability, health, skills, product market, labor market, financial system, market size, business dynamism, and innovation capability.

In its closely-watched annual Global Competitiveness Report, the WEF said the U.S.is the country closest to the "frontier of competitiveness", an indicator that ranks competitive productivity using a scale from zero to 100. In that updated list, the U.S. finished top as well.

In addition to ranking countries, the report makes a number of general assessments regarding the overall competitiveness and health of the world economy.

Wife gets footballer husband arrested over child sex
Judge Julius Hunter found probable cause to send the case to Muscogee Superior Court, and ordered Crawford held without bond. When Kenya took the girl back to her mother, the pre-teen said she had been asleep in the living room when Crawford came in.

The report argues that numerous key factors that will drive future economic growth, such as idea generation, entrepreneurial culture, openness and agility, have not yet been the focus of major governmental policy making.

Singapore, the Netherlands and Hong Kong outperformed Britain, while the top four economies held their positions from the previous year.

With its strong focus on the impact of the so-called fourth industrial revolution, the report assesses what it believes is the readiness of countries to handle future changes in the business landscape. "It comes second in another two; innovation (behind Germany) and market size (behind China)".

"With the recently passed Ease of Doing Business Act, we remain optimistic that the government will be able to sustain these gains and address the concerns of efficiency in doing business", said Makati Business Club Chairman Edgar Chua.

Related:

  • Capello Names The One Player Madrid Need To Sign

    Capello Names The One Player Madrid Need To Sign

    Modric was also crowned the player of the tournament at the 2018 World Cup in Russian Federation as Croatia finished runners-up to France.
    Lyft’s new ride subscription service includes Tacoma

    Lyft’s new ride subscription service includes Tacoma

    As such, you'll want to do the math to find the break even point if you don't think you'll consume 30 rides per month. You would then save $15 on each of the 10 remaining rides of the 30 that the subscription gets you.
    U.S. Government Deficit Grew 17% in Fiscal 2018

    U.S. Government Deficit Grew 17% in Fiscal 2018

    The only other period when the federal government has run deficits above US$1 trillion was for four years from 2009 through 2011. The cost of financing the deficit have increased following Trump's tax cuts, with the interest charged on the 10-year U.S.
  • Umesh Yadav replaces Shardul Thakur in ODI squad

    Umesh Yadav replaces Shardul Thakur in ODI squad

    Pant was batting on 85 at stumps with Rahane on 75 with India , who won the first test in Rajkot inside three days, almost wiping out the deficit.
    How they got rid of Roseanne on 'The Conners'

    How they got rid of Roseanne on 'The Conners'

    Dan, working through the terrible news, tells her: 'It doesn't make any sense, I got her knees fixed, I flushed all her pills'. And later, her family finds Roseanne's small stashes of medication around the house.
    No weekend shootings in NYC for first time in decades

    No weekend shootings in NYC for first time in decades

    The last shooting to occur prior to the streak was Thursday morning, when a 52-year-old man was shot in the stomach in Brooklyn. New York City went a full weekend without any reported shootings for the first time in more than two decades, police said.
  • Juan Martin Del Potro fractures kneecap, likely to end season early

    Del Potro has been plagued by injuries since winning his only Grand Slam title at the 2009 US Open at the age of 20. However, he ultimately had to withdraw from the match, which he lost 7-5.
    Canada becomes second country to legalize marijuana nationwide

    Canada becomes second country to legalize marijuana nationwide

    Individuals are eligible to apply for a pardon through the Parole Board of Canada five years after the conviction is handed down. She didn't expect to make much money from the pot itself, noting Newfoundland's 8 per cent cap on retail pot profits.
    Winning numbers for $667 million Mega Millions jackpot

    Winning numbers for $667 million Mega Millions jackpot

    That honor goes to a 2016 Powerball jackpot, which clocked in at $1.586 billion (although it was shared by three winners). No winning lottery ticket was sold for the latest Mega Millions drawing, meaning the jackpot climbs to $868 million.
  • Trump co-signs Saudi Arabia’s Jamal Khashoggi cover-up, late-night pundit says

    Trump co-signs Saudi Arabia’s Jamal Khashoggi cover-up, late-night pundit says

    For the first time since the journalist disappeared two weeks ago , Turkish investigators were allowed to enter the building. On Monday, Trump tweeted that he was sending Pompeo to meet with King Salman in an effort to "find an answer".
    Committed to meet India's oil demand: Saudi Energy Minister

    Committed to meet India's oil demand: Saudi Energy Minister

    Saudi Arabia, the world's largest oil producing nation, is preparing a slew of investments in India's energy sector. Barrel prices have halted their recent decline as Iranian exports and Saudi tensions keep crude on the high side .
    Alexander Lacazette misses atmosphere of Ligue 1

    Alexander Lacazette misses atmosphere of Ligue 1

    The Frenchman has hit four goals in eight top-flight matches this season - averaging a strike every 134 minutes for Emery's side. Since losing their opening two matches of the Premier League season, they have won nine games in a row in all competitions.

Comments

Latest news

Harry and Meghan bring the rain, wow drought-stricken Dubbo
And if you'd rather make like the koala, don't worry - this is the last time you'll hear about the royals from Junkee this week. The Dubbo region of New South Wales has been experiencing the most prolonged period of drought since records began in 1900.

Mysterious paralyzing illness reported in 22 states — CDC
But the data reported Tuesday represents "a substantially larger number than in previous months this year", Messonnier said. States are not required to provide this information to CDC, but they have been voluntarily reporting their data.

United States embassy apologises for mistakenly emailing Cookie Monster cat picture
The U.S. embassy in New Zealand thought the situation was hilarious, and posted an animated GIF of a cat to its Twitter account. Department of State and it's unclear how widely it was distributed, the Australian Associated Press reported Sunday.

Barnier calls for more time to find Brexit deal
He told the News Letter: "There are a lot of things that are being said at the moment by many people, some of them are ill-informed".

Griezmann double gives France comeback win over Germany
Antoine Griezmann scored twice as France came from behind to claim a second Nations League victory and continue Germany's abysmal run in 2018.

Sheriff identifies victims; children were adopted, home-schooled
The Maury County Fire Department says it responded to a report of a shooting at the home that night and alerted law enforcement. Authorities haven't released the identities of those involved.

Netflix adds more subscribers than thought
While most of that still funds shows licensed from other companies, original programs account for a growing share. Rivals have long groused that Netflix can spend ungodly sums without ever having to make money itself.

Sheriff: Murder charge planned after toddler found in oven
In 2012, a woman in Greenville, about 20 miles from Shaw, pleaded guilty to cooking her 3-year-old son to death in an oven. Mississippi Department of Public Safety spokesman Warren Strain says police were called Monday night to a home in Shaw.

Person claimed ricin was in letter sent to Senator Collins home
An FBI spokesman told The Associated Press preliminary tests to the envelope indicated there was no threat to the public. A spokesperson for Collins told Fox News that the senator was not at home during the incident, though her husband was.

Tom and Jerry Movie in the Works, Along With Flintstones & More
All of these projects fall under the blanket of the Warner Animation Group, which was founded alongside The LEGO Movie . Scooby-Doo is also in pre-production with an expected 2020 release date.

Samsung Galaxy Note 10 could have a mammoth screen
As the device's bezels will likely continue to decrease in size, it may not result in the phone's dimensions being that different. Samsung is opting for a 6.66-inch display on next year's Samsung Galaxy Note 10 , according to a recent report from The Bell .

Dennis Hof, Famous 'Bunny Ranch' Brothel Owner, Dead at 72
County Commissioner John Koenig said that Hof died in his sleep at his Love Ranch South brothel, according to the Las Vegas Sun . He was most famous for being a champion of legal prostitution and owning a number of brothels throughout Nevada.

Ariana Grande Returns Pete Davidson Engagement Ring, But Will Keep Pet Pig
Both Grande and Davidson realised the timing wasn't right for either of them, and a source told People that it was "way too much too soon".

Air Force Surveys Damage at Florida Base After Hurricane Michael
In a statement Sunday night, the air force said that, "Not one Airman or family member was injured during Hurricane Michael". The US Air Force reported on Monday that there was extensive damage to its Tyndall Air Force Base in Florida.

Volkswagen's Audi fined more than a billion dollars over diesel emissions scandal
Prosecutors had jailed him in June, saying the move was necessary to stop him trying to influence witnesses. The case covered some 4.9 million Audi cars sold in Europe, the US and elsewhere between 2004 and 20018.

Other news