Pakistan last in South Asia in global competitiveness

[khakhi_chaddi]

HIGHLIGHTS

• Pak has been ranked at 122, last amongst its South Asian neighbours
• The forum has ranked India at 39th spot, followed by Sri Lanka 71 at the GCI
• According to the report, Pak has shown recovery on the economic front

KARACHI: Pakistan has been ranked at 122, last amongst its South Asian neighbours, in the Global Competitiveness Index (GCI) by the World Economic Forum (WEF).

The forum has ranked India at 39th spot, followed by Sri Lanka 71, Bhutan 97, Nepal 98 and Bangladesh at 106 at the GCI, reports the Business Reporter, a financial daily of Pakistan.

The Global Competitiveness Report 2016-17 competitiveness ranking is based on the Global Competitiveness Index (GCI), which was introduced by the WEF in 2005.

Defining competitiveness as the set of institutions, policies and factors which determine the level of productivity of a country, the calculations of the GCI scores are made by drawing together country-level data covering 12 categories — the pillars of competitiveness — that collectively make up a comprehensive picture of a country's competitiveness.

The 12 categories, or the pillars of competitiveness are-institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market development, technological readiness, market size, business sophistication, and innovation.

Among 114 global competitiveness indicators, Pakistan this year showed improvements on 54 key indices, whereas on 50 indices the country lost its previous position, while 10 indices remained same as last year.

 

[Articulate]

Was this a surprise?

 

[Echo_419]

Economic corridors like CPEC will easily fix this

 

[naveen mishra]

even they didn't bother about ? for them jihad is key indices only

 

[Articulate]

Economic corridors like CPEC will easily fix this

 

[imran rashid]

even they didn't bother about ? for them jihad is key indices only

your terrorism sponsored country where pHDs have to apply for the post of peon, people carry their death ones in bags and shoulder, worlds most residing population in slums and ghettos, where people are killed only for eating meat , how could claim to be a democratic and at 39th spot. Shame on your leaders where billions are being spend on per curing weapons leaving poor masses helpless.