May 11, 2007

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Malaysia 23rd in World Competitiveness Index

via IMD:

The IMD World Competitiveness Yearbook 2007 (WCY) analyses and ranks the ability of nations to create and maintain an environment that sustains the competitiveness of enterprises. Considered the worldwide reference point to world competitiveness, it has been published without interruption since 1989 and ranks 55 national economies using 323 crieria. The WCY is an indispensable tool for business leaders, government and academia.

Well, we were 22nd last year, dropped a rank but it still seems pretty healthy though, even beating Japan!

But if you wanna make it sound not so rosy, our neighbours down south is 2nd!



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