The Global Competitiveness Report assesses the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity. It highlights that declining openness is threatening growth and prosperity. The quality of infrastructure is the second pillar in the WEF's Global Competitiveness ranking. A well-developed transport and communications infrastructure network is a prerequisite for the access of less-developed communities to core economic activities and services.
The 2018 edition of the Global Competitiveness Report represents a milestone in the four-decade history of the series, with the introduction of the new Global Competitiveness Index 4.0. The new index sheds light on an emerging set of drivers of productivity and long-term growth in the era of the Fourth Industrial Revolution. It provides a much-needed compass for policy-makers and other stakeholders to help shape economic strategies and monitor progress.
Publication Date: 16.10.2018