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Global Competitiveness Index

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Write 1-2 pages answering the questions in the assignment. Use 10-12 font size, font of your choice, and double line spacing. Use your own words. Submit on Canvas by the due date. Your paper will be submitted via Turnitin to check for plagiarism. Assignments are graded based on completeness, accuracy, conciseness, and richness of responses. To achieve these outcomes, justify your statements and arguments by referencing assigned readings and other materials you are using. Make sure you cite your references.
Go to the website of the World Economic Forum (WEF) at https://www(dot)weforum(dot)org/ (Links to an external site.). Under the Reports tab, find the Global Competitiveness Report 2019 (either search and scroll down or go through several pages of reports before you find it) and download it. Do not get the 2020 version because it is a special edition and does not focus on the traditional pillars of country competitiveness.
Compare the 2019 Global Competitiveness Index (GCI) rankings to those in the prior period (you can also compare to those in the text if you are using it). What has changed?
From Appendix A and Appendix B, become familiar with the composition of the GCI. How do the twelve pillars reflect the idea that country competitiveness depends on country-level, industry-level, firm-level, and individual-level factors (illustrated on Exhibit 5.1 in the text if you are using it)?
Select one country from the Economy Profiles.
What can the government of that country do to improve its global competitiveness?

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Compare the 2019 Global Competitiveness Index (GCI) rankings to those in the prior period. What has changed?
Comparing the findings of the 2019 Global Competitiveness Index (GCI) report to those of the previous years, it is evident that there has been some progress in terms of enhancing the 12 pillars of competiveness. The 2019 report was released after almost a decade after the Global Economic Crisis of 2007-2008. During his period there had been colossal amounts of money injected into economy to help mitigate the impact of the crisis. However, the overall developments can be considered suboptimal when compared to the previous years.
How do the twelve pillars reflect the idea that country competitiveness depends on country-level, industry-level, firm-level, and individual-level factors?
A country’s competitiveness depends on multiple factors that can be broadly categorized as country-level, industry-level, firm-level, and individual-level factors. The 12 pillars of competitiveness, namely Institutions; Infrast...
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