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World Competitive Ranking: Austria Loses 7 Ranks

Published: May 29, 2013; 19:56 · (Vindobona)

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: © Flickr

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…

This article includes a total of 511 words.

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