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World Competitive Ranking: Austria Loses 7 Ranks
The World Competitive Ranking of Lausanne IMD Private School of Economics has become one of the most significant location comparisons on an international basis in the last 25 years.
World Competitive Ranking: Austria Loses 7 Ranks / Picture: © Vindobona.org
Among the five best countries, i. e. the most competitive locations worldwide, are the US, Switzerland, Hongkong, Sweden and Singapore.
Switzerland has already been among the Top-5-locations in the last five years. Because of a low inflation rate, the enourmous inflow in foreign capital and the high foreign exchange reserve the small Alpine state was able to outdo all other…
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