Switzerland has knocked the US off its economic high horse.
According to the recent rankings in The Global Competitiveness Report 2009-2010 from the World Economic Forum, the US economy is no longer the world’s most competitive market. Switzerland is now number one, with the US just behind. This is the first time in the report’s history (since 2004) that the US has not come out on top.
The report cites a “weakening in its financial markets and macroeconomic stability” from the financial crisis as the primary reasons for the US’s fall to second place.
Singapore, Sweden, and Denmark complete the top five.
Explore the full interactive report here.
No comments:
Post a Comment