September 9, 2010

WE HAVE SUCH STRONG ADVANTAGES AS AN ANGLOSPHERIC COUNTRY....:

U.S. Competitiveness Slips, Switzerland Is Tops in WEF Study (Simon Kennedy, Sep 9, 2010, Bloomberg)

The U.S. slipped to fourth in the annual rankings of the world’s most-competitive economies amid a record budget deficit, while Switzerland retained the top spot, the World Economic Forum said. [...]

The U.S. ranked 87th for macroeconomic stability, and American businesses also increasingly questioned the government’s ability to avoid meddling in the private sector and viewed it as a wasteful spender, the forum said. In its index of financial market development, the U.S. fell to 31st from ninth in 2008.

Switzerland held the premier position in the survey thanks to ranking fourth in the world for its business sophistication and second for its ability to innovate, the WEF said.

Sweden climbed two slots to second, surpassing Singapore which remained third. Sweden was credited for its transportation and high level of ethical behavior, while Singapore won points for its lack of corruption and for the efficiency of its government.

Germany, Japan, Finland, the Netherlands, Denmark and Canada rounded out the top 10, the composition of which was unchanged from last year.


...that even an Indonesian Muslim socialist presidency can't drop us from the top 5.

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Posted by Orrin Judd at September 9, 2010 5:00 AM
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