Sponsored Content

Austrian Business Location: Further Slump in Competitiveness

Politics ♦ Published: May 31, 2012; 11:20 ♦ (Vindobona)

Sponsored Content

According to the Swiss Management Institute IMD, Austria only ranks 21th among 59 analyzed countries. The Austrian tax policy is the absolute weak point.

Austrian Business Location: Further Slump in Competitiveness / Picture: © Vindobona.org

Austria´s competitiveness continues to become worse. After rank number 18 in 2011, Austria slipped three notches. In 2010, Austria ranked 14th. In 2007, the Alpine Republic placed 11th.

The ranking is led by the U.S, Hong Kong and Switzerland. Germany and Norway could improve their positions. China (23), India (35) and Brazil (46) lost slightly.

In total, 329 criteria…