September 29, 2005

ONLY ONE GULLIVER IN LILLIPUT:

EU's biggest economies becoming less competitive (Honor Mahony, 9/29/05, EU Observer)

Nordic countries have once again been ranked as among the world's most competitive economies, according to a >World Economic Forum (WEF) report published Wednesday (28 September).

Finland comes out on top with Sweden and Denmark falling into third and fourth place behind the US. [...]

Estonia, which the WEF says is "by a significant margin the most competitive economy among the 10 countries that joined the EU last year" is ranked 20 while other important movers are Poland which moved up nine places to 51st place and Ireland ranked 26 - up four places from last year.

For other European countries however, the news is bleaker. Many of the big European countries have slipped down the rankings.

Neither of Britain or Germany, the EU's two biggest economies feature in the top ten, with the UK ranked at number 13 and Germany moving down two places to 15.

France, meanwhile, moved from 27th place down to 30th place, while Spain and Belgium moved down six places to 29th and 31st ranking respectively.

Among the worst performing EU countries are Italy and Greece, the lowest ranking EU countries bar Poland.


On all of these lists, one thing always stands out, how odd a fit the United States is in the top ranks. We're so much larger and more diverse than any of our peers -- and not an island -- as to be a complete anomaly.

Posted by Orrin Judd at September 29, 2005 7:26 AM
Comments

Comparing the competitiveness of the U.S. with Finland is just a little more ludicrous than comparing the relative merits of a mosquito and a penguin.

Posted by: erp at September 29, 2005 9:01 AM

erp:

There are a lot of mosquitoes though and they can learn from Finland, perhaps more easily than from us.

Posted by: oj at September 29, 2005 9:33 AM

"Neither of Britain or Germany, the EU's two biggest economies feature in the top ten, with the UK ranked at number 13 and Germany moving down two places to 15"

Strange. I could have sworn we had a Thatcherite in charge.

Posted by: Ali Choudhury at September 29, 2005 1:54 PM

of a dying nation--all he can do is manage the decline.

Posted by: oj at September 29, 2005 1:57 PM

Good news for Australia.

Posted by: RC at September 29, 2005 5:30 PM
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