Sweden falls in new globalization ranking
Published: 23 Jan 13 10:50 CET | Print version
Online: http://www.thelocal.se/45770/20130123/
Sweden dropped to seventh place in a globalization survey conducted by consultants Ernst & Young, down two places since 2011.
- Sweden climbs in global prosperity ranking (31 Oct 12)
- Sweden world's second 'most innovative' country (3 Jul 12)
- Stockholm men ranked 'world's sexiest' (28 Feb 12)
Factors considered included openness to trade, capital movements, exchange of technology and ideas, labour movements, and cultural integration.
"This latest edition of our annual globalization report clearly shows that globalization is evolving against a highly volatile economic backdrop," said James Turley, Chairman and CEO of Ernst & Young, in a statement.
"Although globalization continues, its pace has slowed from pre-recession levels and its nature has changed."
Sweden, which kept an almost identical score as in 2011, performed best in its openness to trade, yet suffered its lowest score in the technology sector.
Finishing in first place in the ranking was Hong Kong, followed by Singapore and Ireland.
Sweden's neighbours also fared well in the list, with Denmark finishing eighth at almost the same score as Sweden, Finland 13th, and Norway 23rd.
Top Ten countries in globalization ranking by Enrst & Young
1. Hong Kong
2. Singapore
3. Ireland
4. Belgium
5. Switzerland
6. Netherlands
7. Sweden
8. Denmark
9. Hungary
10. United Kingdom
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How could Sweden manage to be more prospective and sustainable, while taking more refugees, sham marridges even fake gays, from less cultivated countries, instead of attract high-skilled and higher educated people into this country?