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World Economic Forum Report shows: “Lisbon” starts paying off
27-09-2006

The World Economic Forum (WEF) released its annual Global Competitiveness Report on 26 September 2006. With six EU Member States in the top-ten rankings, the EU gives notice that its policies are starting to pay off. The top ten EU Member States are Finland, Sweden, Denmark, UK, Netherlands and Germany. The US, last year’s number one, has fallen back to position six.
The report is seen as a sign that the EU is making progress towards the Lisbon goal of becoming “the most competitive and dynamic knowledge-based economy in the world” by 2010. Augusto Lopez-Claros, chief economist and director of the WEF’s Global Competitiveness Network, thinks that a focus on innovation and technology through investments in infrastructure, education, scientific research and the establishment of strong intellectual property protection are “a successful strategy for boosting competitiveness in an increasingly complex global economy”.

Source: EurActiv

Links
For more information, please visit the World Economic Forum websiteCommentaries on the report can be found on the EurActiv website

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