From a peak in 2010, the most competitive economies have managed to bring unemployment down toward pre-crisis levels. The Global Competitiveness Index 2015-2016. Der Global Competitiveness Index (GCI) (Wachstumswettbewerbsfähigkeitsindex) ist ein Indikator für die Wettbewerbsfähigkeit einzelner Staaten. Tables 1–5 report the rankings for the overall GCI, the three subindexes, and their corresponding pillars. Die Schweiz ist im globalen Wettbewerb die Nummer 1. and 20,000 other business, leadership and nonfiction books on getAbstract. Southern European countries where unemployment has spiked, such as Spain and Italy, perform poorly on most. Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business, Millennials and Gen Zs hold the key to creating a “better normal”. The results of the 2016 study clearly show the ongoing influence manufacturing has on driving global economies. Other structural factors at play include a slower pace of trade liberalization or even the introduction of trade barriers, and a slower expansion of cross-border value-chain trade.12 Box 2 discusses the links between trade and competitiveness. Zu diesem Ergebnis kommt das World Economic Forum in seinem letzte Woche erschienenen Global Competitiveness Report 2016/2017. Global processes – 2016 r. vs. trends 6 2 Global Competitiveness Report 2016-17 Further “appeasement of the ranking” – since 2013 systematic decline of reshuffling scale. This year’s edition highlights that declining openness is threatening growth and prosperity. A weekly update of what’s on the Global Agenda, Chapter 1.1 Reaching Beyond the New Normal: Findings from the Global Competitiveness Index 2015–2016, The Global Competitiveness Index 2015–2016, Box 1: The Inclusive Growth and Development Report, Box 2: The Case for Trade and Competitiveness, Box 3: The most problematic factors for doing business: Impacts of the global crisis, Appendix: Methodology and Computation of the Global Competitiveness Index 2015–2016, Chapter 1.2 Drivers of Long-Run Prosperity: Laying the Foundations for an Updated Global Competitiveness Index, What competitiveness is and why it matters, Appendix A: Measurement of Key Concepts and Preliminary Index Structure, Chapter 1.3 The Executive Opinion Survey: The Voice of the Business Community, Survey structure, administration, and methodology, Box 1: Example of a typical Survey question, Box 2: Insights from the Executive Opinion Survey 2015, Centre for the Fourth Industrial Revolution, A Global Platform for Geostrategic Collaboration, Schwab Foundation for Social Entrepreneurship. With the release of the 2016 Global Manufacturing Competitiveness Index (GMCI), Deloitte Touche Tohmatsu Limited (Deloitte Global) and the Council on Competitiveness (the Council) in the US build upon the GMCI research, with prior studies published in 2010 and 2013. Global Competitiveness Report 2016-17. The Global Competitiveness Report 2015-2016 calls for productivity-enhancing reforms to break with this pattern. Österreich liegt im internationalen Vergleich der Wettbewerbsfähigkeit auf Platz 19 (von insgesamt 138 betrachteten Ländern). Top performing nations have each demonstrated strengths across multiple drivers of manufacturing excellence. Guiding organizations to a more sustainable future. We use cookies to improve your experience on our website. With a score of 84.8 (+1.3), Singapore is the world’s most competitive economy in 2019, overtaking the United States, which falls to second place. The Global Competitiveness Report 2015-2016 calls for productivity-enhancing reforms to break with this pattern. The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (DTTL) Global Consumer & Industrial Products Industry Group and the Council on Competitiveness, with prior studies published in 2010 and 2013. Factors that contribute to the GCI can also help to explain the slowdown in productivity growth: these include lack of infrastructure, rigid labor and goods markets, underdeveloped financial markets, inefficient use of talent, lack of access to or poor quality of education, slow adoption of technologies, and low innovation rates. Der Global Competitiveness Index besteht aus den drei Indices: „Technologie“, „Öffentliche Institutionen“ und „Makroökonomie“. They also clearly illustrate the close tie that exists between manufacturing competitiveness and innovation. However, the Survey was not administered this year in Angola, Burkina Faso, or Timor-Leste The Global Sustainable Competitiveness 2016 is topped by Swed en Scandinavia tops the GSCI (again); Germany ranked 14, Japan 15, UK 21, US only 32, China 37 SolAbility releases the rankings of the 5th edition of the Global Sustainable Competitiveness Index (GSCI). Seven years after the beginning of the financial crisis in 2008, its consequences are still being felt around the world. This is true for both advanced economies and developing ones, because talent generates ideas that in turn power innovation, and because strong vocational skills remain an important source of comparative advantage. According to International Labour Organization (ILO) estimates, the global unemployment rate in 2014 was 5.9 percent—some 201 million people—with youth unemployment running at 13 percent.16 Unemployment spiked in almost every country after the crisis, but individual countries have widely different trajectories. Detailed scorecards for all the economies in the sample are available in the data section of this Report.6. Der Report bleibt weiterhin die umfangreichste Studie wenn … Two things immediately struck me as I perused the list of 138 economies which made the GCI 2016. In the 2016 GMCI, CEO survey respondents were asked to rank nations in terms of current and future manufacturing competitiveness. Die Bestplatzierung der Schweiz basiert vor allem auf ihrem hervorragenden Innovationssystem. The Global Competitiveness Index 2015-2016. Er löste den vormals verwendeten und nach anderen Algorithmen berechneten Growth Competitiveness Index ab. Despite very low interest rates, banks are reluctant to lend because of the uncertain environment and, arguably, also because of much stricter regulations that were implemented in the wake of the financial crisis to stabilize the banking sector. High-income and developing countries alike are seeking innovation-driven growth through different strategies. Small- and medium-sized enterprises are being particularly affected.13. From its influence on infrastructure development, job creation, and contribution to gross domestic product (GDP) on both an overall and per capita basis, a strong manufacturing sector creates a clear path toward economic prosperity. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). Figure 7 depicts the evolution in unemployment rate over the period 2007–14 in selected advanced economies. This section presents the main findings of the GCI 2015–2016, starting with an analysis of selected overarching topics and then drilling down into regions and selected countries. In 2015, global growth is projected at 3.3 percent, its lowest rate since 2009—the trough of the crisis—and one of the lowest since 2000.7 Unemployment, especially among youth, remains elevated. 2:44. Trends since 2007 support the hypothesis that competitiveness contributes to an economy’s resilience, providing another reason to prioritize productivity growth now. The 2016 study takes a closer look at six focus nations: United States, China, Japan, Germany, South Korea, and India. Introduction There is no general agreement on the factors driving the slowdown in productivity growth. The Global Competitiveness Report 2015–2016 | 77 1.3: The Executive Opinion Survey Geographic coverage Following a year of non-inclusion, Benin, Bosnia and Herzegovina, Ecuador, and Liberia are reinstated in the 2015 edition. Telecommunications, Media & Entertainment. Nations and companies are striving to advance to the next technology frontier and raise their economic well-being. The Global Competitiveness Index 2015-2016 presents a framework and a corresponding set of indicators in three principal policy domains (pillars) and twelve sub-domains (sub-pillars) for 140 countries. The Global Sustainable Competitiveness Index (GSCI) is the most comprehensive ranking of countries currently available. Box 3: The most problematic factors for doing business: Impacts of the global crisis; Box 4: China’s new normal; Appendix: Methodology and Computation of the Global Competitiveness Index 2015–2016; Chapter 1.2 Drivers of Long-Run Prosperity: Laying the Foundations for an Updated Global Competitiveness Index. Competitiveness Index in Guyana averaged 3.56 Points from 2007 until 2016, reaching an all time high of 3.77 Points in 2014 and a record low of 3.24 Points in 2008. About the 2016 Global Manufacturing Competitiveness Index The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (Deloitte Global) Global Consumer & Industrial Products Industry group and the US Council on Competitiveness, with prior studies published in 2010 and 2013. By using our website you consent to all cookies in accordance with our updated DTTL does not provide services to clients. Table 6 presents the performance of selected advanced economies on indicators of education and labor market efficiency. Der Global Competitiveness Report 2016-2017 bewertet die Wettbewerbsfähigkeit von 138 Volkswirtschaften und gibt Einblicke, welche Faktoren sie so produktiv und erfolgreich machen. The Global Competitiveness Index 2015-2016 presents a framework and a corresponding set of indicators in three principal policy domains (pillars) and twelve sub-domains (sub-pillars) for 140 countries. Interaktive Heatmap: Anschauen. This suboptimal situation is often referred to as the new normal. Besides reports on its key events and standalone publications such as the Global Competitiveness Report, the Global Risks Report and the Global Gender Gap Report, the … DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. What the 1% Don't Want You to Know - Duration: 24:31. Please enable JavaScript to view the site. At the left of the chart, for example, Greece’s trajectory shows the unemployment rate soaring. DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. It is based on a competitiveness model that incorporates all pillars of sustained growth and wealth creation: natural capital availability; national governance; intellectual capital; resource efficiency, and social cohesion. Mit der Herausgabe des 2016 Global Manufacturing Competitiveness Index (GMCI) setzen Deloitte Touche Tohmatsu Limited (Deloitte Global) und der Council on Competitiveness (USA) die Untersuchungen der 2010 und 2013 veröffentlichten Studien fort. Figure 5 compares the growth trajectory of the five most and five least competitive advanced economies as identified in the 2007–2008 Global Competitiveness Index.14 The growth differential between the two groups averaged around 4 percent between 2010 and 2013. In the bottom-right of the chart, by contrast, Switzerland’s consistently high GCI results coincide with a relatively steady unemployment rate. Collectively, these countries account for 60 percent of world’s manufacturing GDP, demonstrating the influence these nations have on global manufacturing trends. And as the digital and physical worlds of manufacturing converge, advanced technologies have become even more essential to company- and country-level-competitiveness. The GSCI measures competitiveness of countries based on 127 measurable, quantitative indicators derived from reliable sources, such as the World Bank, the IMF, and various UN agencies. Still very high percentage of countries improving their The sheer power of the economy of the USA is no longer sufficient to keep it at the top of the prestigious World Competitiveness Ranking, which it has led for the past three years. The score 2013 Global Manufacturing Competitiveness Index, 2010 Global Manufacturing Competitiveness Index. Er wird vom Weltwirtschaftsforum erhoben und im Rahmen des Global Competitiveness Report veröffentlicht. Governments around the world resorted to short-term solutions to stabilize the economy and stimulate growth—but growth remains subdued seven years on, beyond the typical duration of a business cycle. Access a free summary of The Global Competitiveness Report 2016–2017, by Klaus Schwab and 20,000 other business, leadership and nonfiction books on getAbstract. The latest edition covered 141 economies, accounting for over 98% of the world’s GDP. However, commonly suggested explanations include: technological inventions of the last decade, such as social networks and the sharing economy, having a more limited effect on productivity than the Internet revolution of the previous decade (and also creating value of a kind not captured in national accounts and hence not showing up in productivity data);10 barriers to knowledge diffusion that prevent smaller companies from assimilating knowledge from larger firms;11 and a slowdown in the growth of global trade, which is only partly explained by the slowing growth in GDP. Brazil went down by 8 in rank for the Global Competitiveness Index from 2007 to 2017. Australia’s ranking in the World Economic Forum’s (WEF) Global Competitiveness Report slid one place to 22nd in 2016-17, indicating a slight deterioration in national business competitiveness compared to one year earlier (Chart 1). Ten years on from the global financial crisis, the prospects for a sustained economic recovery remain at risk due to a widespread failure on the part of leaders and policy-makers to put in place reforms necessary to underpin competitiveness and bring about much-needed increases in productivity, according to data from the World Economic Forum’s Global Competitiveness Report 2017 … Global Competitiveness Report 2015-2016 - Duration: 2:44. The Global Innovation Index ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators. While the shortcomings in advanced economies are most likely to center on higher education, the skills gap, as well as labor market and wage-setting rigidities, in less-developed countries the issues center on public health and basic education. Join us for a celebration of 175 years of making an impact that matters. The Global Innovation Index ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators. Diese Indices werden auf der Basis der Kombination von Fakten (z.B. Alicia Nicholls A few days ago, the World Economic Forum (WEF) released its Global Competitiveness Report 2016-2017. Download Report: The Global Competitiveness Report 2016-2017. The difficulty of finding jobs in the formal sector reduces the incentives for workers to invest in their own education. Although many possible explanations for this situation have been advanced—including Lawrence Summers’ “secular stagnation” argument,8 the aging of populations in most advanced economies and some emerging countries, and declining capital investment—slowing productivity growth is undoubtedly part of the story, especially in emerging markets.9 In the last decade, productivity in most regions has grown more slowly than in the decade before (Figure 2). LAUSANNE - (May 30, 2016) - The USA has surrendered its status as the world’s most competitive economy after being overtaken by China Hong Kong and Switzerland, according to the IMD World Competitiveness Center. The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (DTTL) Global Consumer & Industrial Products Industry Group and the Council on Competitiveness, with prior studies published in 2010 and 2013. Raising productivity growth increases potential output and can contribute to boosting overall growth. The Global Competitiveness Report 2015–2016 | v The World Economic Forum’s Global Competitiveness and Risks Team is pleased to acknowledge and thank the following organizations as its valued Partner Institutes, without which the realization of The Global Competitiveness Report 2015–2016 would not have been feasible: Albania Damit führt das Land nunmehr zum 8. Der Global Competitiveness Report ist eine Rangliste der Volkswirtschaften … A number of risks, including geopolitical tensions and currency and commodity price fluctuations, could derail the still weak recovery, should they materialize. It measures performance according to 114 indicators that influence a nation’s productivity. For 2017, Switzerland was ranked 1 whereas Yemen, Rep. was the country with the lowest rank of 137. © 2021. Report Online: Zentrale Fakten auf einen Blick. Mal in Folge das Ranking an. The contribution of competitiveness to resilience appears to hold for economies at most stages of development.15 Figure 6 reports average growth over the period 2008–14 for the GCI 2007–2008’s three most and least competitive economies in each of the five income groups. Two things immediately struck me as I perused the list of 138 economies which made the GCI 2016. About this presentation This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related Tables 1–5 report the rankings for the overall GCI, the three subindexes, and their corresponding pillars. April 2016. In fact, technology-intensive sectors dominate the global manufacturing landscape in most advanced economies and appear to offer a strong path to achieve or sustain manufacturing competitiveness. In each group, the most competitive economies have grown significantly more since the beginning of the crisis. The GCI results reveal that considerable room for improvement exists in every country in all areas that drive productivity (Figure 3), and in each instance this constitutes a potential source of productivity gain. The first was that because of data shortages only 4 Caribbean countries (Barbados, Jamaica, Dominican Republic and Trinidad & Tobago… The world’s three most competitive economies—Switzerland, Singapore, and the United States—score well in the vast majority of these indicators. Another explanation for low economic growth, particularly in Europe, is that lending has not yet fully recovered since the financial crisis (Figure 4). The 2016 Global Manufacturing Competitiveness Index (GMCI) report is the third study prepared by the Deloitte Touche Tohmatsu Limited (DTTL) Global Manufacturing Industry Group and the Council on Competitiveness, with prior studies published in 2010 and 2013. Access a free summary of The Global Competitiveness Report 2015–2016, by Klaus Schwab (ed.) Although the relationship between unemployment and competitiveness is complex, both rely heavily on the adequacy of the education system and the efficiency of the labor market: by educating, training, and rewarding people appropriately, a country ensures that its workers have the skills to attain productive employment and that it can attract and retain talent. The Global Competitiveness Index 2016-2017 presents a framework and a corresponding set of indicators in three principal categories (subindexes) and twelve policy domains (pillars) for 138 countries. Some countries with positive overall performance but shortcomings in at least one dimension—such as Germany, the Republic of Korea, and Japan—may still have positive unemployment trajectories, but they are also exposed to the risk of creating a two-tier labor market that discriminates between permanent employees and others. This edition explores the impact of innovation-oriented policies on economic growth and development. 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