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The Global Competitiveness Report 2017–2018
Report

The Global Competitiveness Report 2017–2018

Klaus Schwab
World Economic Forum, 2017
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Editorial Rating

8

Qualities

  • Comprehensive
  • Analytical
  • Innovative

Recommendation

Despite global GDP at well below long-run historical averages, the world’s economies are showing signs of revival, growing faster than in the years since the global financial crisis. Yet populations across countries are questioning free markets as a source of economic progress, amid a confluence of globalization issues, economic distortions from technology, and rising wealth and income inequality. The World Economic Forum’s annual report assesses the shifting competitive stature of 137 economies relative to their peers. getAbstract recommends this robust offering to policy experts and executives for its detailed look at the global economy’s growth prospects.

Take-Aways

  • In a ranking of global competitiveness, Switzerland tops the list of 137 economies, followed by the United States, Singapore, the Netherlands and Germany.
  • For national leaders, addressing stronger growth is paramount, but they must translate GDP expansion into a “human-centric economic progress” that creates shared prosperity across populations.
  • A competitive commercial environment drives productivity and sustainable GDP growth.

About the Author

Klaus Schwab is the founder and executive chairman of the World Economic Forum.

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