For example, the United States started growing again by 2010, while Greece took until 2014 to return to positive territory, its economy having contracted by 25 percent in the meantime. Seven years after the beginning of the financial crisis in 2008, its consequences are still being felt around the world. The Global Competitiveness Report 2015-2016 calls for productivity-enhancing reforms to break with this pattern. Alicia Nicholls A few days ago, the World Economic Forum (WEF) released its Global Competitiveness Report 2016-2017. This suboptimal situation is often referred to as the new normal. In each group, the most competitive economies have grown significantly more since the beginning of the crisis. The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (DTTL) Global Manufacturing Industry Group and the Council on Competitiveness, with prior studies published in 2010 and 2013. Die Bestplatzierung der Schweiz basiert vor allem auf ihrem hervorragenden Innovationssystem. The Global Competitiveness Index 2015-2016. Der Global Competitiveness Index besteht aus den drei Indices: „Technologie“, „Öffentliche Institutionen“ und „Makroökonomie“. The first was that because of data shortages only 4 Caribbean countries (Barbados, Jamaica, Dominican Republic and Trinidad & Tobago… Mal in Folge das Ranking an. With the release of the 2016 Global Manufacturing Competitiveness Index (GMCI), Deloitte Touche Tohmatsu Limited (Deloitte Global) and the Council on Competitiveness (the Council) in the US build upon the GMCI research, with prior studies published in 2010 and 2013. The Global Competitiveness Report 2015-2016 calls for productivity-enhancing reforms to break with this pattern. It measures performance according to 114 indicators that influence a nation’s productivity. Global Competitiveness Report 2016-17 1 Global Competitiveness Report – introductory remarks 2 Global processes – 2016 vs. trends 3 World in 2016 4 Poland 5 Financial stability, innovation 6 Concluding remarks 2 Besides reports on its key events and standalone publications such as the Global Competitiveness Report, the Global Risks Report and the Global Gender Gap Report, the … Figure 7 depicts the evolution in unemployment rate over the period 2007–14 in selected advanced economies. Cookie Notice. Mit der Herausgabe des 2016 Global Manufacturing Competitiveness Index (GMCI) setzen Deloitte Touche Tohmatsu Limited (Deloitte Global) und der Council on Competitiveness (USA) die Untersuchungen der 2010 und 2013 veröffentlichten Studien fort. The Global Sustainable Competitiveness 2016 is topped by Swed en Scandinavia tops the GSCI (again); Germany ranked 14, Japan 15, UK 21, US only 32, China 37 SolAbility releases the rankings of the 5th edition of the Global Sustainable Competitiveness Index (GSCI). The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (DTTL) Global Consumer & Industrial Products Industry Group and the Council on Competitiveness, with prior studies published in 2010 and 2013. This took Australia’s ranking back to its equal worst position of 22nd, reached in 2014-15. Global Competitiveness Report 2016-17. Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business, Millennials and Gen Zs hold the key to creating a “better normal”. Alicia Nicholls A few days ago, the World Economic Forum (WEF) released its Global Competitiveness Report 2016-2017. Box 3: The most problematic factors for doing business: Impacts of the global crisis; Box 4: China’s new normal; Appendix: Methodology and Computation of the Global Competitiveness Index 2015–2016; Chapter 1.2 Drivers of Long-Run Prosperity: Laying the Foundations for an Updated Global Competitiveness Index. Access a free summary of The Global Competitiveness Report 2016–2017, by Klaus Schwab and 20,000 other business, leadership and nonfiction books on getAbstract. The Global Competitiveness Index 2016-2017 presents a framework and a corresponding set of indicators in three principal categories (subindexes) and twelve policy domains (pillars) for 138 countries. From its influence on infrastructure development, job creation, and contribution to gross domestic product (GDP) on both an overall and per capita basis, a strong manufacturing sector creates a clear path toward economic prosperity. In 2015, global growth is projected at 3.3 percent, its lowest rate since 2009—the trough of the crisis—and one of the lowest since 2000.7 Unemployment, especially among youth, remains elevated. This year’s Global Competitiveness Report is the latest edition of the series launched in 1979 that provides an annual assessment of the drivers of productivity and long-term economic growth. The Global Competitiveness Report 2015–2016 | v The World Economic Forum’s Global Competitiveness and Risks Team is pleased to acknowledge and thank the following organizations as its valued Partner Institutes, without which the realization of The Global Competitiveness Report 2015–2016 would not have been feasible: Albania For information, contact Deloitte Touche Tohmatsu Limited. 2:44. Inflation) und Befragungen („Executive Opinion Survey“) erstellt. Some countries with positive overall performance but shortcomings in at least one dimension—such as Germany, the Republic of Korea, and Japan—may still have positive unemployment trajectories, but they are also exposed to the risk of creating a two-tier labor market that discriminates between permanent employees and others. Damit führt das Land nunmehr zum 8. The results of the 2016 study clearly show the ongoing influence manufacturing has on driving global economies. Download Report: The Global Competitiveness Report 2016-2017. The contribution of competitiveness to resilience appears to hold for economies at most stages of development.15 Figure 6 reports average growth over the period 2008–14 for the GCI 2007–2008’s three most and least competitive economies in each of the five income groups. Telecommunications, Media & Entertainment. Report highlights. Despite very low interest rates, banks are reluctant to lend because of the uncertain environment and, arguably, also because of much stricter regulations that were implemented in the wake of the financial crisis to stabilize the banking sector. The collapse of Lehman Brothers in 2008 triggered a crisis of historical proportions, sending the global economy into freefall. Countries rated as more competitive before the crisis tended either to withstand it better (e.g., Germany, Switzerland) or bounce back more quickly. The Global Competitive Index forms the basis of the report. Southern European countries where unemployment has spiked, such as Spain and Italy, perform poorly on most. Interaktive Heatmap: Anschauen. By using our website you consent to all cookies in accordance with our updated Australia’s ranking in the World Economic Forum’s (WEF) Global Competitiveness Report slid one place to 22nd in 2016-17, indicating a slight deterioration in national business competitiveness compared to one year earlier (Chart 1). High-income and developing countries alike are seeking innovation-driven growth through different strategies. Detailed scorecards for all the economies in the sample are available in the data section of this Report.6. Although many possible explanations for this situation have been advanced—including Lawrence Summers’ “secular stagnation” argument,8 the aging of populations in most advanced economies and some emerging countries, and declining capital investment—slowing productivity growth is undoubtedly part of the story, especially in emerging markets.9 In the last decade, productivity in most regions has grown more slowly than in the decade before (Figure 2). Please see www.deloitte.com/about to learn more. Small- and medium-sized enterprises are being particularly affected.13. The Global Competitiveness Report 2015–2016 | 77 1.3: The Executive Opinion Survey Geographic coverage Following a year of non-inclusion, Benin, Bosnia and Herzegovina, Ecuador, and Liberia are reinstated in the 2015 edition. Global processes – 2016 r. vs. trends 6 2 Global Competitiveness Report 2016-17 Further “appeasement of the ranking” – since 2013 systematic decline of reshuffling scale. Although the relationship between unemployment and competitiveness is complex, both rely heavily on the adequacy of the education system and the efficiency of the labor market: by educating, training, and rewarding people appropriately, a country ensures that its workers have the skills to attain productive employment and that it can attract and retain talent. Global Competitiveness Report 2015-2016 - Duration: 2:44. They also clearly illustrate the close tie that exists between manufacturing competitiveness and innovation. A number of risks, including geopolitical tensions and currency and commodity price fluctuations, could derail the still weak recovery, should they materialize. There is no general agreement on the factors driving the slowdown in productivity growth. In the 2016 GMCI, CEO survey respondents were asked to rank nations in terms of current and future manufacturing competitiveness. Zu diesem Ergebnis kommt das World Economic Forum in seinem letzte Woche erschienenen Global Competitiveness Report 2016/2017. World Economic Forum 30,604 views. Österreich liegt im internationalen Vergleich der Wettbewerbsfähigkeit auf Platz 19 (von insgesamt 138 betrachteten Ländern). Please enable JavaScript to view the site. Access a free summary of The Global Competitiveness Report 2015–2016, by Klaus Schwab (ed.) Trends since 2007 support the hypothesis that competitiveness contributes to an economy’s resilience, providing another reason to prioritize productivity growth now. Der Global Competitiveness Report 2016-2017 bewertet die Wettbewerbsfähigkeit von 138 Volkswirtschaften und gibt Einblicke, welche Faktoren sie so produktiv und erfolgreich machen. Nations and companies are striving to advance to the next technology frontier and raise their economic well-being. Explore the reportReport. This year’s edition highlights that declining openness is threatening growth and prosperity. Er löste den vormals verwendeten und nach anderen Algorithmen berechneten Growth Competitiveness Index ab. 294 | The Global Competitiveness Report 2015–2016 Factor driven Efficiency driven Innovation driven 1 Transition 1–2 2 Transition 2–3 3 Stage of development * From the list of factors, respondents were asked to select the five most problematic for doing business in their country and to rank them between 1 (most problematic) and 5. According to International Labour Organization (ILO) estimates, the global unemployment rate in 2014 was 5.9 percent—some 201 million people—with youth unemployment running at 13 percent.16 Unemployment spiked in almost every country after the crisis, but individual countries have widely different trajectories. The first was that because of data shortages only 4 Caribbean countries (Barbados, Jamaica, Dominican Republic and Trinidad & Tobago… This section presents the main findings of the GCI 2015–2016, starting with an analysis of selected overarching topics and then drilling down into regions and selected countries. Other structural factors at play include a slower pace of trade liberalization or even the introduction of trade barriers, and a slower expansion of cross-border value-chain trade.12 Box 2 discusses the links between trade and competitiveness. About the 2016 Global Manufacturing Competitiveness Index The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (Deloitte Global) Global Consumer & Industrial Products Industry group and the US Council on Competitiveness, with prior studies published in 2010 and 2013. Tables 1–5 report the rankings for the overall GCI, the three subindexes, and their corresponding pillars. Brazil went down by 8 in rank for the Global Competitiveness Index from 2007 to 2017. Two things immediately struck me as I perused the list of 138 economies which made the GCI 2016. The Global Innovation Index ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators. Join us for a celebration of 175 years of making an impact that matters. Seven years after the beginning of the financial crisis in 2008, its consequences are still being felt around the world. The GSCI measures competitiveness of countries based on 127 measurable, quantitative indicators derived from reliable sources, such as the World Bank, the IMF, and various UN agencies. The Global Sustainable Competitiveness Index 2016 The Global Sustainable Competitiveness Index (GSCI) aims to evaluate the ability to sustain wealth creation. Report Online: Zentrale Fakten auf einen Blick. Introduction A weekly update of what’s on the Global Agenda, Chapter 1.1 Reaching Beyond the New Normal: Findings from the Global Competitiveness Index 2015–2016, The Global Competitiveness Index 2015–2016, Box 1: The Inclusive Growth and Development Report, Box 2: The Case for Trade and Competitiveness, Box 3: The most problematic factors for doing business: Impacts of the global crisis, Appendix: Methodology and Computation of the Global Competitiveness Index 2015–2016, Chapter 1.2 Drivers of Long-Run Prosperity: Laying the Foundations for an Updated Global Competitiveness Index, What competitiveness is and why it matters, Appendix A: Measurement of Key Concepts and Preliminary Index Structure, Chapter 1.3 The Executive Opinion Survey: The Voice of the Business Community, Survey structure, administration, and methodology, Box 1: Example of a typical Survey question, Box 2: Insights from the Executive Opinion Survey 2015, Centre for the Fourth Industrial Revolution, A Global Platform for Geostrategic Collaboration, Schwab Foundation for Social Entrepreneurship. This is true for both advanced economies and developing ones, because talent generates ideas that in turn power innovation, and because strong vocational skills remain an important source of comparative advantage. The Global Sustainable Competitiveness Index. Manufacturing earnings and exports are stimulating economic prosperity causing nations to increase their focus on developing advanced manufacturing capabilities by investing in high-tech infrastructure and education. The World Economic Forum Global Competitiveness Report 2016-2017 assesses the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity. However, commonly suggested explanations include: technological inventions of the last decade, such as social networks and the sharing economy, having a more limited effect on productivity than the Internet revolution of the previous decade (and also creating value of a kind not captured in national accounts and hence not showing up in productivity data);10 barriers to knowledge diffusion that prevent smaller companies from assimilating knowledge from larger firms;11 and a slowdown in the growth of global trade, which is only partly explained by the slowing growth in GDP. Manufacturing related activities among global nations are rapidly evolving. Top performing nations have each demonstrated strengths across multiple drivers of manufacturing excellence. © 2021. Der Global Competitiveness Report ist eine Rangliste der Volkswirtschaften … Im Vergleich zum letzten Global Competitiveness Ranking hat Österreich damit zwar 4 Plätze gut gemacht, der Status im globalen … The Global Competitiveness Index 2015-2016. Table 6 presents the performance of selected advanced economies on indicators of education and labor market efficiency. Ten years on from the global financial crisis, the prospects for a sustained economic recovery remain at risk due to a widespread failure on the part of leaders and policy-makers to put in place reforms necessary to underpin competitiveness and bring about much-needed increases in productivity, according to data from the World Economic Forum’s Global Competitiveness Report 2017 … From a peak in 2010, the most competitive economies have managed to bring unemployment down toward pre-crisis levels. The Global Innovation Index ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators. DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. Its latest rank is 80 out of 137 countries for 2017. The Global Competitiveness Index 2016-2017 presents a framework and a corresponding set of indicators in three principal categories (subindexes) and twelve policy domains (pillars) for 138 countries. However, the Survey was not administered this year in Angola, Burkina Faso, or Timor-Leste In fact, technology-intensive sectors dominate the global manufacturing landscape in most advanced economies and appear to offer a strong path to achieve or sustain manufacturing competitiveness. This edition explores the impact of innovation-oriented policies on economic growth and development. The GCI results reveal that considerable room for improvement exists in every country in all areas that drive productivity (Figure 3), and in each instance this constitutes a potential source of productivity gain. Two things immediately struck me as I perused the list of 138 economies which made the GCI 2016. With a score of 84.8 (+1.3), Singapore is the world’s most competitive economy in 2019, overtaking the United States, which falls to second place. We use cookies to improve your experience on our website. The 2016 study takes a closer look at six focus nations: United States, China, Japan, Germany, South Korea, and India. The latest edition covered 141 economies, accounting for over 98% of the world’s GDP. Figure 5 compares the growth trajectory of the five most and five least competitive advanced economies as identified in the 2007–2008 Global Competitiveness Index.14 The growth differential between the two groups averaged around 4 percent between 2010 and 2013. The difficulty of finding jobs in the formal sector reduces the incentives for workers to invest in their own education. The Global Competitiveness Index 2015–2016 This section presents the main findings of the GCI 2015–2016, starting with an analysis of selected overarching topics and then drilling down into regions and selected countries. Competitiveness Index in Guyana averaged 3.56 Points from 2007 until 2016, reaching an all time high of 3.77 Points in 2014 and a record low of 3.24 Points in 2008. World Economic Forum: Webseite Er wird vom Weltwirtschaftsforum erhoben und im Rahmen des Global Competitiveness Report veröffentlicht. Raising productivity growth increases potential output and can contribute to boosting overall growth. Tables 1–5 report the rankings for the overall GCI, the three subindexes, and their corresponding pillars. 2013 Global Manufacturing Competitiveness Index, 2010 Global Manufacturing Competitiveness Index. At the left of the chart, for example, Greece’s trajectory shows the unemployment rate soaring. Even in countries where primary and secondary education is almost universal, the quality of that education can be mediocre and curricula are not adapted to the needs of businesses. The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (DTTL) Global Consumer & Industrial Products Industry Group and the Council on Competitiveness, with prior studies published in 2010 and 2013. Dies geht aus dem letzte Woche erschienenen Global Competitiveness Report 2016/2017 des World Economic Forum hervor. Moyers & … Der Report bleibt weiterhin die umfangreichste Studie wenn … Still very high percentage of countries improving their The Global Competitiveness Index 2015-2016 presents a framework and a corresponding set of indicators in three principal policy domains (pillars) and twelve sub-domains (sub-pillars) for 140 countries. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). The world’s three most competitive economies—Switzerland, Singapore, and the United States—score well in the vast majority of these indicators. and 20,000 other business, leadership and nonfiction books on getAbstract. This edition explores the impact of innovation-oriented policies on economic growth and development. Governments around the world resorted to short-term solutions to stabilize the economy and stimulate growth—but growth remains subdued seven years on, beyond the typical duration of a business cycle. Der Global Competitiveness Index (GCI) (Wachstumswettbewerbsfähigkeitsindex) ist ein Indikator für die Wettbewerbsfähigkeit einzelner Staaten. The sheer power of the economy of the USA is no longer sufficient to keep it at the top of the prestigious World Competitiveness Ranking, which it has led for the past three years. China and the United States jockey for top honors while Germany holds firm. Learn how this new reality is coming together and what it will mean for you and your industry. In the bottom-right of the chart, by contrast, Switzerland’s consistently high GCI results coincide with a relatively steady unemployment rate. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. In less competitive countries, unemployment has remained well above pre-crisis levels. Guiding organizations to a more sustainable future. Diese Indices werden auf der Basis der Kombination von Fakten (z.B. What the 1% Don't Want You to Know - Duration: 24:31. While the shortcomings in advanced economies are most likely to center on higher education, the skills gap, as well as labor market and wage-setting rigidities, in less-developed countries the issues center on public health and basic education. It is based on a competitiveness model that incorporates all pillars of sustained growth and wealth creation: natural capital availability; national governance; intellectual capital; resource efficiency, and social cohesion. In emerging markets and developing countries in particular, there is scope for raising productivity through structural reforms. High-income and developing countries alike are seeking innovation-driven growth through different strategies. Factors that contribute to the GCI can also help to explain the slowdown in productivity growth: these include lack of infrastructure, rigid labor and goods markets, underdeveloped financial markets, inefficient use of talent, lack of access to or poor quality of education, slow adoption of technologies, and low innovation rates. About this presentation This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related The World Economic Forum publishes a comprehensive series of reports which examine in detail the broad range of global issues it seeks to address with stakeholders as part of its mission of improving the state of the world. April 2016. And as the digital and physical worlds of manufacturing converge, advanced technologies have become even more essential to company- and country-level-competitiveness. Die Schweiz ist im globalen Wettbewerb die Nummer 1. Collectively, these countries account for 60 percent of world’s manufacturing GDP, demonstrating the influence these nations have on global manufacturing trends. Der Global Competitiveness Report setzt zahlreiche beeinflussende Faktoren in Relation und schafft damit sehr lesenswerte Zusammenhänge und Betrachtungsvorschläge. Another explanation for low economic growth, particularly in Europe, is that lending has not yet fully recovered since the financial crisis (Figure 4). For 2017, Switzerland was ranked 1 whereas Yemen, Rep. was the country with the lowest rank of 137. Guyana scored 3.56 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. LAUSANNE - (May 30, 2016) - The USA has surrendered its status as the world’s most competitive economy after being overtaken by China Hong Kong and Switzerland, according to the IMD World Competitiveness Center. The Global Sustainable Competitiveness Index (GSCI) is the most comprehensive ranking of countries currently available. The score The Global Competitiveness Index 2015-2016 presents a framework and a corresponding set of indicators in three principal policy domains (pillars) and twelve sub-domains (sub-pillars) for 140 countries. Top countries. Illustrate the close tie that exists between manufacturing Competitiveness and innovation among nations. Declining openness is threatening growth and development 6 presents the performance of selected advanced economies on indicators of education labor. Market efficiency Yemen, Rep. was the country with the lowest rank 137... 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