The World Economic Forum (WEF) studied how competitive the world’s economies are in 125 developed states. This years top has a few surprises, including Switzerlande ranking above the United States.
Romania ranked 68 out of 125, still far beyond some nighboring or former communist countries: Estonia ranked 25th, followed by the Czech Republic (29th), Slovenia (33rd) and Latvia (36th).
Romania still ranks above Bulgaria (72), Ukraine (78) or Moldova (86).
The first places were won this year by Switzerland, Finland and Sweden, while last year’s leader, USA, fell to the sixth place, mainly due to macro-economic problems.
HotNews.ro, Sep 26, 2006
Wednesday, September 27, 2006
WEF: Romania 68th in Competition Ranking
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