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Global Competitiveness Report information


The Global Competitiveness Report (GCR)[1] was a yearly report published by the World Economic Forum. Between 2004 and 2020,[2] the Global Competitiveness Report ranked countries based on the Global Competitiveness Index,[1] developed by Xavier Sala-i-Martin and Elsa V. Artadi.[3] Before that, the macroeconomic ranks were based on Jeffrey Sachs's Growth Development Index and the microeconomic ranks were based on Michael Porter's Business Competitiveness Index. The Global Competitiveness Index integrates the macroeconomic and the micro/business aspects of competitiveness into a single index.

The report "assesses the ability of countries to provide high levels of prosperity to their citizens". This in turn depends on how productively a country uses available resources. Therefore, the Global Competitiveness Index measures the set of institutions, policies, and factors that set the sustainable current and medium-term levels of economic prosperity."[4][5]

  1. ^ a b "Global Competitiveness Report 2014-2015 - Reports - World Economic Forum". Global Competitiveness Report 2014-2015.
  2. ^ "Global Competitiveness Report Special Edition 2020: How Countries are Performing on the Road to Recovery". Retrieved 2023-02-19.
  3. ^ "Sala-i-Martin, Xavier and Elsa V. Artadi, "The Global Competitiveness Index", Global Competitiveness Report, Global Economic Forum 2004
  4. ^ "Global Competitiveness Network: Frequently Asked Questions". Archived from the original on 2009-03-26. Retrieved 2009-04-17.
  5. ^ "Methodology". wef.ch. Retrieved October 21, 2022.

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