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Global Competitiveness Report 2004-2005

On 13 October 2004 the World Economic Forum presented in Geneva, Switzerland The Global Competitiveness Report 2004-2005. For the second year in a row Finland remains the most competitive economy in the world.

The United States is in second position, followed by Sweden, Taiwan, Denmark and Norway, consecutively.

The rankings are drawn from the results of the Executive Opinion Survey, a comprehensive survey conducted by the World Economic Forum, which this year polled over 8,700 business leaders in 104 economies worldwide.

The survey questionnaire is designed to capture a broad range of factors affecting an economy?s business environment that are key determinants of sustained economic growth.

Particular attention is placed on elements of the macroeconomic environment, the quality of public institutions which underpin the development process, and the level of technological readiness and innovation.

The report can be ordered from the World Economic Forum web site.