Spanish economic competitiveness drops 9 places

February 15, 2011 at 12:53 pm Leave a comment

The competitiveness of the Spanish economy has lost nine places in 2010 in the Global Competitiveness Report prepared by the World Economic Forum in Davos. Spain dropped 9 places now sitting at no. 42 behind countries, such as Poland or Cyprus.

The study analyzes twelve variables to determine the competitiveness of an economy, such as macroeconomic and institutional environment, infrastructure, education, market efficiency and innovation, among others.

It compares the situations from 139 countries and it features Switzerland in the top position, followed by Sweden and Singapore. Germany progresses and moves into fifth place in the rankings from seventh last year, followed by Japan (which moves from eighth to sixth), Finland (from sixth to seventh), the Netherlands ( from tenth to eighth), Denmark (from fifth to eighth place shares with the Netherlands) and Canada (from ninth to tenth).

Global competitiveness report 2011

In the case of Spain, the report attributes the decline in its competitiveness to the negative assessment of the situation in financial markets, but especially to the decline in the labor market. Behind Spain are Slovenia (45), Portugal (46), Lithuania (47), Italy (48) and Malta (50). The lowest ranked country in the EU-27 is Greece, which is ranked 83.

Find the report here.

images source: cosmoworld.com

Advertisements

Entry filed under: Economy, News. Tags: , , , , , .

Middle Eastern funds gain interest in Spanish real estate portfolios Rental prices have dropped in January

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Like us on Facebook!

Share this page on Tuenti

Kinos Group

@kinosgroup

Error: Twitter did not respond. Please wait a few minutes and refresh this page.

Kinos Group on LinkedIn

International Property Listings

Videos of our properties


%d bloggers like this: