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Who's Winning the Race?

Matt Stroshane/Getty Images

By Matt Mabe

Who's Winning the Race?

The financial crisis that has roiled global economies in recent months is a salient reminder of how economically interdependent the world has become. Competition among the major players has never been fiercer, which makes the Geneva-based World Economic Forum's annual ranking of the world's most competitive countries all the more important and informative.

The WEF surveyed 12,000 business leaders in 134 countries and pulled from publicly available economic data to produce its rankings and report. The result is a weighted measure of economic health indicators that shows who comes out on top—and who still has work to do.

Click ahead to see the dozen most competitive countries of 2008.

Business Exchange related topics:
Global Recession
U.S. Competitiveness
European Financial Crisis
U.S. Financial Crisis