Economics
Switzerland Beats Singapore, U.S. in Competitiveness Ranking
- Emerging markets fail to progress as Brazil drops 18 places
- Germany, Netherlands, India make gains, WEF says in report
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Switzerland topped the World Economic Forum’s competitiveness ranking for a seventh consecutive year, with Singapore and the U.S. second and third.
“Nurturing innovation and talent” has kept those three nations on top, according to a report on 140 countries published Wednesday by the Geneva-based WEF. “In many countries, too few people have access to high-quality education and training, and labor markets are not flexible enough.”