Years of economic growth and decreasing poverty that preceded Chavez’s death last year make him an enduring hero to struggling Venezuelans
Slovak tech company Piano Media is a pioneer of systems to charge readers for consuming news online
The White House may let insurers keep selling health plans that don't meet Affordable Care Act standards for an additional year—at least
Amplify, News Corp.'s educational technology arm, has replaced Asus with Intel and is launching a tougher tablet and a digital curriculum
A problem: You can insure for a specific sum of money, but Bitcoin's value keeps changing
Daniela Cecilio has developed a snap and match fashion app for clothes shoppers
According to data compiled by Bloomberg Sports, players who score 50 or more points tend to improve in points per game for a while
European MBA programs compete with top-tier U.S. schools for the best students at home and abroad
Companies can employ numerous ways to find money to pay down old debt, from refinancing to collecting on invoices faster
By Mark Scott
Which country is best placed to ride out the global recession? That question is at the heart of this year's World Competitiveness Yearbook, an annual report published by IMD business school in Lausanne, Switzerland. Researchers ranked 57 of the world's leading economies based on four categories of competitiveness: economy, government efficiency, business efficiency, and infrastructure. And for the 16th consecutive year, the U.S. came out on top, despite the financial crisis and deep economic downturn there. European countries held on to half of the top 20 spots, while emerging economies such as China and Qatar continued to gain ground on their Western rivals.
To be successful on the global stage, particularly as the world struggles with its worst economic situation in decades, countries have to combine open markets and investment incentives with a flexible labor market and a well-educated workforce.
Click on to see which are the world's most competitive countries in 2009.
Note: Figures for per capita GDP and real GDP growth are for 2008.