We all love league tables. Even that dismal science - economics - has succumbed to the appeal. The...
We all love league tables. Even that dismal science - economics - has succumbed to the appeal. The Global Competitiveness Report, published by the World Economic Forum, the same crew that brings us the Davos circus every year, has become the ultimate league table for economic policy makers. Last week, it decided the US and Switzerland were the two best economies in the world. With its detailed verdicts on how well or badly each nation is doing in the global rat race, it makes headlines around the world. Finance ministers break open the champagne when their country does well. If they dr...
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