LAUSANNE, Switzerland, May 30, 2013 /CNW/ - IMD, a top-ranked global
business school based in Switzerland, today announced its 25th anniversary world competitiveness rankings, looking at 60 economies in
2013. The top 10 countries in competitiveness for 2013 are: US (1),
Switzerland (2), Hong Kong (3), Sweden (4), Singapore (5), Norway (6),
Canada (7), UAE (8), Germany (9), and Qatar (10).
View all rankings at:
Password (case sensitive): wcy25IMD
Highlights of the 2013 ranking
The US has regained the No. 1 spot in 2013, thanks to a rebounding financial
sector, an abundance of technological innovation and successful
China (21) and Japan (24) are also increasing their competitiveness. In the case of Japan,
Abenomics seems to be having an initial impact on the dynamism of the
In Europe, the most competitive nations include Switzerland (2), Sweden (4) and Germany (9), whose success relies upon export-oriented manufacturing,
diversified economies, strong small and medium enterprises (SMEs) and
fiscal discipline. The rest of Europe is heavily constrained by
austerity programs that are delaying recovery and calling into question
the timeliness of the measures proposed.
The BRICS economies have enjoyed mixed fortunes. China (21) and Russia (42) rose in the rankings, while India (40), Brazil (51) and South Africa (53) all fell. Emerging economies in general remain highly dependent on
the global economic recovery, which seems to be delayed.
In Latin America, Mexico (32) has seen a small revival in its competitiveness that now needs to
be confirmed over time and by the continuous implementation of
"While the euro zone remains stalled, the robust comeback of the US to
the top of the competitiveness rankings, and better news from Japan,
have revived the austerity debate," said Professor Stephane Garelli,
director of the IMD World Competitiveness Center. "Structural reforms
are unavoidable, but growth remains a prerequisite for competitiveness.
In addition, the harshness of austerity measures too often antagonizes
the population. In the end, countries need to preserve social cohesion
to deliver prosperity."
"True, Europe's competitiveness is declining, but Switzerland, Sweden,
Germany and Norway are shining successes. Latin America is
disappointing, but there are great global companies all over that
region. Brazil, Russia, India, China and South Africa are immensely
different in their competitiveness strategies and performance, but the
BRICS remain lands of opportunities," Garelli said.
"In the end, the golden rules of competitiveness are simple:
manufacture, diversify, export, invest in infrastructure, educate,
support SMEs, enforce fiscal discipline, and above all maintain social
The IMD World Competitiveness Center is a part of IMD
IMD is a top-ranked business school. We are the experts in developing
global leaders through high-impact executive education. Why IMD? We are
100% focused on real-world executive development. We offer Swiss
excellence with a global perspective. We have a flexible, customized
and effective approach (http://www.imd.org). Published since 1989, the World Competitiveness Yearbook is the
leading annual report on the competitiveness of nations.
For further information: