US tops revised competiveness ranking for 1st time since '08
October 17, 2018
GENEVA (AP) — Organizers of the annual Davos conference ranked the United States first in their ranking of the world's most competitive economies for the first time in a decade Wednesday, saying the No. 1 spot reflects a new methodology and long-term factors more than recent policies of the Trump administration.
The World Economic Forum said its "Global Competitiveness Report" is based on nearly 100 separate factors in a dozen categories that have been reworked slightly to better reflect today's rapidly changing, increasingly digitized world economy.
The U.S. is followed by Singapore, Ger...
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