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Rank (Out of 133) Score (1-7) GCI 2008-09 (out of 134) 50 4.3 GCI 2007-08 (out of 131) 48 4.3 Basic requirements 79 4.2 1st pillar: Institutions 54 4.2 2nd pillar: Infrastructure 76 3.5 3rd pillar: Macroeconomic stability 96 4.2 4th pillar: Health and primary education 101 4.8 Efficiency enhancers 35 4.5 5th pillar: Higher education and training 66 4.0 6th pillar: Goods market efficiency 48 4.4 7th pillar: Labor market efficiency 83 4.2 8th pillar: Financial market sophistication 16 5.1 9th pillar: Technological readiness 83 3.3 10th pillar: Market size 4 6.1 Innovation and sophistication factors 28 4.2 11th pillar: Business sophistication 27 4.8 12th pillar: Innovation 30 3.7 How India fared
Who stands where:
Who stands where Country/Economy GCI 2009–10 GCI 2008–09 Rank* Rank Score Switzerland 1 5.60 2 United States 2 5.59 1 Singapore 3 5.55 5 Sweden 4 5.51 4 Denmark 5 5.46 3 Finland 6 5.43 6 Germany 7 5.37 7 Japan 8 5.37 9 Canada 9 5.33 10 Netherlands 10 5.32 8 Hong Kong SAR 11 5.22 11 Taiwan, China 12 5.20 17 United Kingdom 13 5.19 12 Norway 14 5.17 15 Australia 15 5.15 18 France 16 5.13 16 Austria 17 5.13 14 Belgium 18 5.09 19 Korea, Rep. 19 5.00 13 New Zealand 20 4.98 24
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What is GCR###
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The Global Competitiveness Report (GCR) is the assessment of the comparative strengths and weaknesses of national economies. First published in 1979. Ranking based on Global Competitiveness Index (GCI). Coverage extends to 134 major and emerging economies.
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Developed for the World Economic Forum (WEF) by Professor Xavier Sala-i-Martin of Columbia University. Officially launched in September 2006 as part of The GCR 2006-2007. It is made up of over 113 variables. The Global Competitiveness Index (GCI)
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Two thirds come from the Executive Opinion Survey and one third comes from publicly available sources. The variables are organized into 12 pillars.
The 12 pillars:
The 12 pillars Institutions Infrastructure Macroeconomic stability Health and primary education Higher education and training Goods market efficiency Labor market efficiency Financial market sophistication Technological readiness Market size Business sophistication Innovation
Panel members from India:
Panel members from India Confederation of Indian Industry (CII) Chandrajit Banerjee, Director General Tarun Das, Chief Mentor Virendra Gupta, Head, International and Trade Fairs
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Thank You