Transcript Growth Competitiveness Index Rankings World Economic Forum

Size of Nations’ Economies:
Real Purchasing Power (PPP, 2012)
Nation
Rank Gross
U.S.
1
China
2
India
3
Japan
4
Germany
5
Russia/Brazil
6/7
U.K./France
9/10
Mexico/Korea
11/12
Domestic Product
$15.6 trillion
$12.3 trillion
$4.7 trillion
$4.6 trillion
$3.2 trillion
$2.4 trillion
$2.3 trillion
$1.6 trillion
GDP per Person (IMF):
Purchasing Power Parity (2012)
Nation
GDP $ Per Capita
Singapore, Norway
~ $57,000
U.S., H.K.
~ $51,000
Germany/Taiwan
~ $38,000
Japan, France
~ $35,000
Russia/Argentina/Chile
~ $17,500
Mexico/Turkey
~ $15,000
China/Thailand
~ $ 9,000
India/Vietnam
~ $ 3,800
Congo/Zimbabwe
~ $ 400
Economic Freedom of the World
(Fraser Institute, Canada, 2011)
Nation
Ranking
H.K.
Singapore
New Zealand
Switzerland
Canada
Australia
U.S.
China
Venezuela
1
2
3
4
8
10
17
123
152
Score
8.97
8.73
8.49
8.30
7.93
7.88
7.73
6.22
3.93
Growth Competitiveness Index Rankings
World Economic Forum 2013
Country
Ranking
Competition Score
Switzerland
1
5.67
Singapore
2
5.61
Finland
3
5.54
Germany
4
5.51
U.S./Sweden
5/6
5.48
HK
7
5.47
Japan
9
5.40
Taiwan
12
5.29
Korea
25
5.01
China
29
4.84
Brazil
56
4.33
India
60
4.28
Russia
64
4.20
Bottom—Middle East/African Countries
12 Growth Competitiveness Factors
1. Institutions:
Property Rights, Ethics, Judicial and
Government Integrity, Security,
Needless Regulation, Government Waste
2. Infrastructure
3. Macroeconomic Environment
Inflation, Debt, Savings (U.S. 111th)
4. Health and Primary Education
(see www.weforum.org for details)
Growth Competitiveness Factors
5. Higher Education and Training
6. Market Efficiency
7. Labor Market Efficiency
8. Financial Market Development
9. Technological Readiness
10. Market Size
11. Business Sophistication
12. Innovation (IP Protection; R&D)
World Bank Rankings (2013):
www.doingbusiness.org
Economy
Singapore
Hong Kong
U.S.
S. Korea
Taiwan
Germany
Japan
Mexico
China
India
Ease of Doing
Business
1
2
4
7
16
21
27
53
96 – like Russia & Vietnam
134
World Bank—Doing Business
Factors:
Ease of starting a business
Dealing with construction permits
Registering property
Getting credit
Protecting Investors
Paying taxes
Trading across borders
Enforcing contracts
Bankruptcy Process
Top Developing Retail Economies
A.T. Kearney (Global Management
Consulting Co.) 2013 Rankings
Rank
1
2
3
4
5
6
7-8
9
10
Country
Brazil
Chile
Uruguay
China
United Arab Emirates
Turkey
Mongolia-Georgia
Kuwait
Armenia
Factors: Financial attractiveness; workforce skills and
availability; business environment; political stability
Corruption Perception Index 2013:
Transparency International
Nation
Ranking
N.Z./Denmark
Finland/Sweden
Norway/Swiss/Singapore
Canada/Australia
U.K./Hong Kong
Japan/U.S.
France
Taiwan
South Korea
China
India/Philippines
Russia/Pakistan
Afghan/N. Korea/Somalia
1-2
3-4
5-7
9-10
14-15
18-19
22
36
46
80
94
127
174-76
Score
91
89
86
81
76
73
71
61
55
40
36
28
8
From: OpenSecrets.org
Investing in Politicians Pays
“Deficit Deal” in 2012—Congress and administration
added $222 m. tax rebates for liquor makers; $78
m. tax writeoffs for NASCAR owners; $62 m. tax
credit for one StarKist tuna plant; and $410 m.
special tax benefits for Hollywood movie studios.
Varian (maker of radiation tools for treating brain
tumors) exempted (by Sen. Harry Reid) from 58%
price cut in Medicare reimbursement that will apply
to products made by its competitors.
Biggest winner: Amgen (74 lobbyists) got $500 m.
special benefits in Medicare pricing.