The Critical 'I'

Read. React. Repeat.

Friday, October 31, 2003

"COMPETITIVE" ECONOMIES
In news that's apparently a bigger deal internationally than it is Stateside, the World Economic Forum released its annual Global Competitiveness Report, with Nokia-home Finland coming out on top.

I'll have to dig into this deeper when I've got more time and mental focus; luckily the WEF seems to have plenty of stuff available online.

One surface impression is that the criteria might be more favorable, in some respects, to developing countries. A big deal is being made over Italy being the bottom-feeding EU member in this survey, below even Greece and Malta. Italy is a major economic engine, as big as the UK and France. So I'm not sure how they're defining "competitiveness".