Thursday, May 31, 2012

The World’s Most Competitive Economy 2012 - GEC Business Review

According to survey by the Institute for Management Development's (IMD) World Competitiveness Yearbook (WCY) 2012, Malaysia has moved up two spots from 16th to 14th most competitive economy in the world. 

The World Competitiveness Scoreboard presents the 2012 overall rankings for 59 economies covered by the WCY. The economies are ranked from the most to the least competitive and the results are compared with 2011. The scores shown are actually indices (0 to 100) generated for the unique purpose of constructing charts and graphics.

The survey showed that Malaysia's competitiveness ranking was now ahead of countries such as Australia (15th), Britain (18th), South Korea (22nd), China (23rd), Japan (27th) and France (29th).



Source:  Institute for Management Development (IMD) World Competitiveness Yearbook (WCY) 2012

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