WEF's rating this year better reflects Latvia's competitiveness
Published:
4 November 2003 y., Tuesday
The rating of Latvia on the global competitiveness index, drawn by the World Economic Forum, this year better reflects the actual situation regarding Latvia's competitiveness as more businesses joined the index drawing procedures, said Latvian Economics Institute director Raita Karnite.
Latvia's Economics Institute is the partner of the WEF in Latvia, gathering in Latvia information for the WEF, needed for drawing the competitiveness index.
Karnite said that two years ago just some 30 companies provided answers to WEF's questions needed to draw the index while this year some 100 businesses joined the polling, which is an optimal amount and allows to assess the index as better confirming to the actual situation.
Latvia has ascended to 37th place on the world's competitiveness index this year from the 43rd place last year, making one of the steepest rises over a year. Estonia ascended to 22nd place from the 27th place last year, and Lithuania was 40th, down one step from the last year.
The world's most competitive state is Finland, followed by the United States and the third was Sweden.
Šaltinis:
parex.net
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Most EU countries continue to meet deadlines for incorporating single market rules into national law, contributing to economic growth and job creation.
more »
Japanese officials unveil their new bullet train, capable of travelling at speeds of 320 km per hour (198 miles per hour).
more »
The first International Security Technology Exhibition, KIPS 2011, will be held on 23-26 February 2011 in Kiev (Ukraine). The motto of the exhibition is ‘There can never be too much security!’
more »
The world's highest restaurant opens in Dubai, United Arab Emirates, located 400 metres above ground in Burj Khalifa, the world's tallest tower.
more »
The rights of consumers will be clarified and updated, whether they shop at a local store or buy goods on line, under new EU rules as amended by the Internal Market Committee on Tuesday.
more »
MEPs on Wednesday gave their green light for the Council to conclude an Interim Economic Partnership Agreement with Papua New Guinea and Fiji, two countries of the Pacific Region with significant exports to the EU.
more »
Report sets 10 priorities for tackling the bloc's main economic challenges, launching the first ever ‘European semester'.
more »
China's first capsule hotel ready to open its doors in Shanghai, aims to capture slice of booming leisure budget travel market.
more »
Declaration by Michel Barnier on the start of three new authorities for supervision.
more »
On 1 January, Estonia adopted the euro as its official currency and the changeover is running smoothly and according to plan.
more »