Measures that target Russia’s core industries will depress consumption and investment
Tim Kobe, the man behind the Apple Store's signature touches, remembers what Jobs taught him about retail design
In offering conflicting opinions within hours, two federal courts have set up a fight at the Supreme Court over the Affordable Care Act
Xiaomi Chief Executive Officer Lei Jun unveils the Mi4, a metal-backed iPhone-esque smartphone with a 5-inch display, the latest Qualcomm Snapdragon chip, and a $320 price tag
A months-long public-relations debacle is taking a heavy toll on the operators of dark pools
The furniture manufacturer of midcentury classics acquires its largest retail outlet
That an accordion-playing parodist has become one of the most enduring musical acts of our time is, well, a little weird
A new report shows young college-educated professionals will wait a long time to see the financial rewards of their degree.
Profiled companies pay the recruiting service, but job-seekers don't
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.