Qatar first Arab Global Competitiveness Index

Qatar first Arab Global Competitiveness Index

Qatar first Arab Global Competitiveness Index

Qatar first Arab Global Competitiveness Index

Qatar occupied the first rank in the 2015/2016 Global Competitiveness Index of the World Economic Forum, and climbed two places in the Gulf country to move the cursor from P 16 to 14 worldwide, the UAE, followed by a three mattresses have declined by five orders of classifications between past and present.

Qatar occupied the first rank in the 2015/2016 Global Competitiveness Index of the World Economic Forum, and climbed two places in the Gulf country to move the cursor from P 16 to 14 worldwide, the UAE, followed by a three mattresses have declined by five orders of classifications between past and present.

In the third among Arab countries, Saudi Arabia came to occupies rank 25 worldwide after it was in the previous classification in grade 24, and got Kuwait ranked fourth Arab world and 34 worldwide to improve the ranking seven mattresses, and occupied Bahrain fifth Arab ranked 39th globally for improvement arranged five mattresses.

This included the Global Competitiveness Index, who issued annually since the 35-year-old 13 Arab countries managed six of them to improve the ranking in the index, which is Qatar, Kuwait, Bahrain, Lebanon (from rank 113 to 101) and Egypt (from 119 to 116), Mauritania (141 to 138).

On the other hand, the deterioration of five Arab countries is arranged in the global competitiveness index are the UAE, Saudi Arabia, and Oman (16 rank) and Algeria (eight mattresses), and Tunisia (five places), while the settled order of both Jordan (64 worldwide) and Morocco (72 worldwide). And it falls within the index 140 countries.

The report pointed out that Qatar was able to lead the region in view of the economic environment stable and backed by the huge surpluses in the general budget, low government debt as a result of strong revenues from energy exports.

Qatar and occupied the first place in the world easier access to loans, and second place as an environment for stable macro-economy, and the fourth place in terms of providing security levels. The report stated that in order to continue the diameter of the center, it should invest more kinds of innovation and technology transfer and various knowledge.

It is calculated degrees Competitiveness Index in the context of the definition of competitiveness as the set of institutions, policies and factors that determine the level of productivity of the state, through data on about 12 base class represents a fundamental competitive props collection.

And includes props 12 sub-indicator include institutions, infrastructure, innovation, and the macroeconomic environment, health and basic education, and university education and training, and the efficiency of commodity markets, and the efficiency of the labor market, and the development of the capital market, and Readiness technological, market size, and business sophistication and innovation.

According to the report, Switzerland has been ranked first in the world for the seventh year in a row, followed respectively Singapore and the United States, finished bottom in the order in Guinea.