According to the new ranking of global economic competitiveness by the World Economic Forum released this week, Latin America is losing ground in the global economy and is not taking the necessary actions to avoid further losses. The Global Competitiveness Report 2013-2014 , considered by experts in the field as the most comprehensive study of the ability to compete internationally in each country, measures, among other things , a country’s institutions , infrastructure, business climate , education, technological readiness and innovation. Switzerland tops the list of the most competitive in the world, followed by Singapore, Finland , Germany , USA , Sweden , Hong Kong , Netherlands, Japan and England. The highest spots for Latin American countries are occupied by Chile (ranked 34) and Panama (40). At the bottom of the rankings, which account for the nations least able to compete in the world, the list currently includes Venezuela (134) and Haiti (143). An interesting fact is that Cuba is [...]
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