Improvement of Brazilian economic competitiveness

On September 8th, 2009, the World Economic Forum published a new ranking of the competitiveness of 133 countries in the world. Switzerland surpassed the United States to become the new leader, The Netherlands dropped two positions, Brazil climbed eight positions.

Forum

The World Economic Forum (WEF) calls himself an independent non-profit economic institute, with a commitment level of entrepreneurship, that the world is concerned. The WEF is not possible without sound economic growth and social progress is no social progress without economic growth. The WEF is committed to the mutual understanding and integration of individual governments, parties and economic societies. The WEF was founded in 1971 and meets annually. Participants in this forum are CEOs of major companies with a turnover of more than 1 billion U.S. dollars. Furthermore also government leaders and prominent politicians, journalists, intellectuals and representatives of the Non-Governmentele Organizations (NGOs) invited. The WEF is due to the presence of a prominent major impact on the global economic and political terms.


The size of a future economic giant

Ranking 2009

WEF is an annual survey among 13,000 companies large and small businesses from over one hundred countries. The ranking of 133 countries. The competitiveness of individual countries to look into. For years, the United States the undisputed number one on this list, but thanks to global crisis Switzerland is now the number one. The top three is completed by Singapore. Netherlands dropped two places and is number ten. The summit is occupied mainly by the Nordic countries, the second tier by the countries of the EU and the "rich" Western countries. Notable performers are countries with which the crisis had to collect substantial hits, including Ireland (from 22 to 25), Iceland (from 20 to 26) and the Baltic States (from 32,44,54 to resp. 35, 53, 68) . Countries in the Middle East constitute the second tier, with Qatar (22) just before the Arab Emirates (23). Chile (30) is the highest ranked in Latin America. Of the BRIC countries (Brazil, Russia, India and China, emerging economic giants) Russia has only a decrease (from 51 to 63). China have increased from 30 to 29, India from 50 to 49 and made Brazil a big jump from 64 to 56. African countries remain far behind, with South Africa to a respectable position 45, but in Burundi and Zimbabwe as laggards.


Private oil as a symbol of Brazilian
economic independence
English (Google-) translation, click here for the original article in Dutch
Strong and Weak Points

According to the WEF report, Brazil has made great progress in fiscal certainty and the economic opening and liberalization of the market. Strengths include the huge domestic market (9th), a developed financial market (51st), a diverse and modern business structure (32nd), and a high innovation potential (43rd). Weak points were the macro-economic stabliteit (109th), the efficiency of goods (99th) and labor (80th), although there are slight improvements seen in here. Despite major government efforts is the Health (79th) and education (58th) strongly improved. Especially the large number of qualifications to be reduced and regional disparities in education should be leveled.

Mandate

The current government of President Lula has a mandate of just over one years, then it is for the government of his successor (st) is the task of the competitiveness of the country continue to improve.