The World Economic Forum's latest ranking of competitive countries sees the US fall to second place behind Switzerland, while Singapore moves up to third.
The World Economic Forum (WEF) released The Global Competitiveness Report 2009-2010 in which it ranks countries across the world on how competitive they are, with Switzerland, the US and Singapore taking the top three spots. The report was released ahead of an annual WEF meeting being held in Dalian.
The GCN's flagship publication is The Global Competitiveness Report (GCR). It is the most comprehensive and authoritative assessment of the comparative strengths and weaknesses of national economies, used by governments, academics and business leaders. The GCR was first published in 1979 and its coverage has expanded each year since, now extending to 134 major and emerging economies. Further expansion of coverage is planned.
