Austrian Competitiveness Shrinks Further

Politics ♦ Published: September 7, 2011; 20:49 ♦ (Vindobona)

According to a market survey of the consulting group Ernst & Young, Austria´s international competitiveness has still worsened and fell from rank 18 to 19.

Austrian Competitiveness Shrinks Further / Picture: ©

Ernst & Young presented the Global Competitiveness Report 2011-2012 (GCR): Austria´s position in the ranking of the World Economic Forum fell from rank 18 to rank 19. 142 countries have been observed. Switzerland, Singapore and Sweden occupy the three top positions. The USA went down on rank 5. Finland is number four, Germany on rank 6.

In 2008, Austria had rank 14.…