Sweden climbs in competitiveness rankings
Published: 16 Feb 11 15:47 CET | Print version
Online: http://www.thelocal.se/32092/20110216/
Sweden has ranked second in the World's Economic Forum's (WEF) Global Competitiveness Report 2010-2011, falling behind Switzerland, but leaping ahead of Singapore and the US.
- Sweden's economy on display in Davos (28 Jan 11)
- FT ranks Borg fourth of EU financial chiefs (6 Dec 10)
- Sweden rises in business friendliness ranking (5 Nov 10)
"The country benefits from the world's most transparent and efficient public institutions, with very low levels of corruption and undue influence and a government that is considered to be one of the most efficient in the world," the report wrote.
Sweden's strong auditing and reporting standards and focus on education have developed a sophisticated business culture, the report added.
The rankings are calculated from both publicly available data and the executive opinion survey, a comprehensive annual survey conducted by the WEF together with its network of partner institutes.
The newest survey has expanded to include 139 countries from the previous 133.
Under the institutions indicator, Sweden topped the rankings in intellectual property protection, efficiency of legal framework in challenging regulations, ethical behaviour of firms, efficacy of corporate boards and protection of minority shareholders' interests.
Other areas where Sweden excelled included the quality of its overall infrastructure, quality of railroad infrastructure and effectiveness of anti-monopoly policy.
In terms of IT and planning, Sweden was praised for the availability of the latest technologies, broadband internet subscriptions, willingness to delegate authority and company spending on R&D.
Areas cited as the most problematic for doing business included restrictive labour regulations, tax rates, tax regulations, access to financing and inadequate supply of infrastructure.
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I'm putting this comment here so my bud Nemesis can jump in and tell me that i'm really full of myself. Come on guy, I'm waiting......
Not guy, she.
Yeah, my wife said the same thing while watching tv last night when someone called a mixed group "Guys". I told her that was just a generic term. But since you're a lady, I'll refer to you as such from now on.
Oh, I get it, you're female. that's why you're stalking me. I do tend to attract women..... sometimes. Some love me, some hate me.
He: you know dude...
Shw: yes I know.
It was so strange for me:)
Why are The Local and Sweden's loony government not telling the world about its high unemployment rates for the under 25's (25%)
On top of that, why are The Local and Sweden's loony government not telling the world about how the unemployed are being sent to various company's (under various different titles) to work for nothing. On top of that, the government are PAYING these companies's £25 a day to take them.
The Swedish government then tells everyone that unemployment is dropping.
No wonder people can't get a job in Sweden, total madness. Who is this benefiting from this, friends of the conservatives?
Sweden should hang its head in shame. I challenge The Local to investigate this and publish it.
This is affecting 1000's in Sweden.
Wednesday was a gret day and I was having a little fun posting comments. A person shouldn't be serious all the time.
Most of the people here will jump up and tell you that Sweden is the most wonderful, perfect place in the world. Clean, happy, healthy, free education and health care etc.
That's what they try to get you to believe. If you read the stories on The Local and read the comments it totally different. They're completely dissatisfied with their government, the healthcare system, the job and housing market, the taxes, everything. Funny, that.
Carry on.
Are you part of the loony conservatives or are you on a wind up.