What is Global Compitativeness Report
Answers
Answer:
The Global Competitiveness Report (GCR) is a yearly report published by the World Economic Forum. ... 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."
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Answer:
Global Competitiveness. ... The World Economic Forum defines global competitiveness as "the ability of a country to achieve sustained high rates of growth in gross domestic product (GDP) per capita."
Explanation:
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.