1 Competitiveness Rankings Growth Competitiveness Index Rank 74 Macroeconomic Environment Index Rank 51 Macroeconomic Stability Subindex Rank 5 Government Waste Subindex Rank 67 Country Credit Rating Rank 68 Business Competitiveness Index Rank 83 Sophistication of Company Operations and Strategy Rank 88 Quality of the National Business Environment Rank 81 Public Institutions Index Rank 66 Contracts and Law Subindex Rank 59 Corruption Subindex Rank 72 Technology Index Rank 96 Innovation Subindex Rank 74 ICT Subindex Rank 91 Technology Transfer Subindex Rank out of 77 non core innovators 76 1 2 2 The Country Profiles section presents a two page profile with selected data for each individual economy included in the Global Competitiveness Report 2003 2004 Left hand page The left hand page gives each country s ranks in the Global Competitiveness Report indexes the GCI and the BCI as well as information on the issues perceived as most problematic for doing business in each country The page is divided into the following two sections How country profiles work Algeria 4 2 Country Profiles How country profiles work The Most Problematic Factors for Doing Business 1 Competitiveness rankings FACTOR Access to financing Inefficient bureaucracy Policy instability Restrictive labor regulations Inadequate infrastructure Tax regulations Inadequately educated workforce Corruption Tax rates Government instability coups Poor work ethic Inflation Foreign currency regulations Crime and theft 0 5 10 15 20 25 30 Percent of responses 2 The Growth Competitiveness Index GCI rankings out of 102 countries and the Business Competitiveness Index BCI rankings out of 95 countries are listed in the upper right hand side of the page along with results for the respective subindex rankings Note From a list of 14 factors respondents were asked to select the five most problematic for doing business in their country and to rank them between 1 most problematic and 5 The bars in the figure show the responses weighted according to their rankings Source World Economic Forum Executive Opinion Survey 2003 2 Most problematic factors for doing business The chart summarizes those factors seen by CEOs and top executives as the most problematic for doing business in their country The information is drawn from a question in the Executive Opinion Survey 2003 in which respondents were presented with 14 different factors and asked to rank from 1 most problematic to 5 those they considered the most problematic The responses were tabulated and weighted according to the rank assigned by the respondents continued on next page 181 NOTABLE COMPETITIVE ADVANTAGES NOTABLE COMPETITIVE DISADVANTAGES Criteria 3 Growth Competitiveness Index Rank Criteria Rank 102 Growth Competitiveness Index Macroeconomic Environment 2 18 2 19 2 20 2 22 2 01 2 21 6 08 6 17 7 01 Rank Rank 102 4 2 Country Profiles How country profiles work National competitiveness balance sheet Macroeconomic Environment Government surplus deficit 2002 6 National savings rate 2002 6 Inflation 2002 17 Interest rate spread 2002 19 Recession expectations 29 Real exchange rate 2002 42 2 03 2 09 2 17 7 08 7 10 Public Institutions 7 03 7 02 6 01 6 03 Favoritism in decisions of government officials 25 Organized crime 48 Irregular payments in exports and imports 50 Extent of distortive government subsidies 95 Access to credit 74 Country credit rating 2003 68 Diversion of public funds 53 Public trust of politicians 53 Public Institutions Irregular payments in tax collection 87 Irregular payments in public utilities 80 Judicial independence 76 Property rights 70 Technology 3 16 3 13 3 12 3 19 3 15 3 21 3 01 3 08 3 06 3 23 3 14 3 20 3 03 3 02 3 22 3 17 3 18 3 04 4 Business Competitiveness Index Rank 95 Business Competitiveness Index Sophistication of Company Operations and Strategy 10 09 10 15 10 06 Control of international distribution 56 Reliance on professional management 63 Production process sophistication 74 5 Other Indicators 4 11 8 09 7 11 7 12 6 18 4 10 4 08 2 15 6 14 4 04 10 18 Extent of incentive compensation 95 Value chain presence 94 Nature of competitive advantage 93 Quality of the National Business Environment Availability of scientists and engineers 22 Favoritism in decisions of government officials 23 Decentralization of corporate activity 35 2 08 6 09 8 02 Rank 102 Maternity laws impact on hiring women 17 Wage equality of women in the workplace 21 Prevalence of illegal political donations 25 Policy consequences of legal political donations 35 Informal sector 39 Maternity leave legislation 44 Impact of HIV AIDS on FDI 46 Agricultural policy costs 47 Business costs of crime and violence 47 Disparity in healthcare quality 48 Hiring and firing practices 50 3 Rank 95 Sophistication of Company Operations and Strategy 10 14 10 02 10 01 Quality of the National Business Environment 3 10 6 08 9 05 Laws relating to ICT 100 Quality of competition in the ISP sector 96 Internet access in schools 94 Cellular telephones 2002 92 Government success in ICT promotion 91 Internet hosts 2002 90 Technological sophistication 89 University industry research collaboration 89 Company spending on research and development 87 Personal computers 2002 83 Government prioritization of ICT 80 Internet users 2002 80 FDI and technology transfer 77 Firm level technology absorption 76 Telephone lines 2002 73 Utility patents 2002 72 Tertiary enrollment 67 Prevalence of foreign technology licensing 67 Right hand page The right hand page of each profile forms a country competitiveness balance sheet providing detailed information on the relative strengths and weaknesses of each economy The balance sheet is broken into three main sections one on growth competitiveness and one on business competitiveness reflecting the complementary perspectives on competitiveness as presented in Chapters 1 1 and 1 2 respectively The final section provides a list of other noteworthy indicators about the economic environment of each specific country Venture capital availability 94 Extent of bureaucratic red tape 94 Extent of locally based competitors 94 Other Indicators 6 06 2 02 3 11 11 13 8 11 2 04 10 25 7 05 2 10 4 09 2 06 11 06 10 27 10 23 5 07 Rank 102 Burden of regulation 99 Business costs of terrorism 95 Availability of mobile or cellular telephones 94 Prevalence of environmental management systems 93 Focus of trade and industry associations 93 Extent of distortive government intervention 93 Availability of company financial
View Full Document
Unlocking...