Wednesday 29 May 2019

SWI swissinfo.ch: Switzerland ranked world’s fourth most competitive economy

Main Features                                                     Frost page - SWI swissinfo.ch

    See in other languages: 2 Languages: 2

IMD Ranking
Switzerland ranked world’s fourth most competitive economy
This content was published on May 28, 2019 8:16 PM May 28, 2019 - 20:16
View of ETHZ in Zurich

View of the main building of the Swiss Federal Institute of Technology ETH Zurich. IMD ranked Switzerland highly for its university and management education.
(© Keystone / Christian Beutler)

Switzerland is Europe’s most competitive nation, coming fourth in the annual global ranking of the Lausanne-based IMD business school.

The small Alpine nation climbed from fifth to fourth place in the 63-country competitiveness ranking. It was helped by economic growth, the stability of the Swiss franc and high-quality infrastructure, IMD said on Tuesdayexternal link.

Switzerland was ranked top for university and management education, health services and quality of life, it added.

Singapore was judged the world’s most competitive economy for the first time since 2010, as the United States slipped from the top spot.

Singapore got top marks thanks to its advanced technological infrastructure, the availability of skilled labour, favorable immigration laws, and efficient ways to set up new businesses, IMD said. Hong Kong held on to second place, helped by its tax and business policy environment and access to business finance.

The IMD World Competitive Rankings has been carried out every year since 1989. Countries are rated on 235 indicators, two-thirds related to employment and trade statistics and one-third to perceptions gathered in opinion surveys. IMD a leading independent business school based in Lausanne on Lake Geneva.

Keystone-SDA/sb
Tags

    Business

Neuer Inhalt

Horizontal Line
SWI swissinfo.ch on Instagram

SWI swissinfo.ch on Instagram
SWI swissinfo.ch on Instagram
subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.
Email address
Top stories (weekly)
Latest news (daily)
Business (weekly)
Politics (weekly)
Society (weekly)
Fintech (biweekly)
Letter from the Alps (biweekly)
Multinationals (biweekly)

Click here to see more newsletters

No comments: