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Global Competetiveness Report

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Country Rankings<br />

Sustainable Innovation & Competitiveness<br />

Countries listed amongst the lower ranks of<br />

the sustainable innovation & competitiveness<br />

list are likely to face obstacles in achieving<br />

sustainable and sustained economic growth.<br />

Some of the ingredients of a successful<br />

sustainable development implementation,<br />

however, require other factors in order to kick<br />

start development (e.g. factor A is a<br />

requirement to achieve B, while A is required<br />

as a prerequisite to achieve B. In such a<br />

situation, A cannot be achieved due to the<br />

absence of B, and B cannot be achieved<br />

because of the lack of A). Significant cooperated<br />

efforts on a wide front of issues and<br />

political will for implementation is required in<br />

order to escape this cycle, a considerable<br />

task for a country. However, over the last<br />

three or four decades some countries in Asia<br />

have proven that such achievements are not<br />

impossible (for example South Korea,<br />

Malaysia, China).<br />

Amongst the current (and future) obstacles<br />

facing countries characterized by low<br />

sustainable competitiveness are:<br />

• Limited availability and quality of<br />

education (number of students per<br />

teacher, teachers education & motivation,<br />

facilities and materials), leading to limited<br />

R&D capabilities and a lack of highly<br />

qualified workforce, in turn limiting<br />

economic opportunities and development<br />

• Insufficient R&D spending, limiting<br />

opportunities to develop value-added<br />

industries<br />

• Lack of modern transport and<br />

communication infrastructure, leading to<br />

limited and costly access to markets<br />

• Limited health and sanitation infrastructure<br />

Many of the above obstacles are interlinked<br />

and therefore challenging to overcome.<br />

Sustainable Innovation<br />

Country Rank Score<br />

Romania 45 46.2<br />

Oman 46 46.1<br />

Turkey 47 45.9<br />

Bahrain 48 45.0<br />

Uruguay 49 44.7<br />

Colombia 50 44.6<br />

Poland 51 44.5<br />

Saudi Arabia 52 44.3<br />

Algeria 53 43.9<br />

Bulgaria 54 43.5<br />

Tunisia 55 43.4<br />

Uzbekistan 56 43.4<br />

Greece 57 43.3<br />

Latvia 58 43.2<br />

Guyana 59 43.2<br />

Jordan 60 43.1<br />

Argentina 61 43.0<br />

Iran 62 43.0<br />

Sri Lanka 63 42.8<br />

Serbia 64 42.7<br />

Venezuela 65 42.5<br />

Mauritius 66 42.2<br />

Ecuador 67 42.1<br />

Paraguay 68 41.7<br />

Slovakia 69 41.1<br />

Kyrgistan 70 40.9<br />

Georgia 71 40.5<br />

Mongolia 72 40.4<br />

Lebanon 73 40.3<br />

Kazakhstan 74 40.3<br />

Peru 75 40.1<br />

Brunei 76 40.1<br />

Kuwait 77 40.0<br />

Kosovo 78 39.9<br />

Cuba 79 39.6<br />

Bosnia and Herzegovina 80 38.9<br />

South Africa 81 38.3<br />

Malaysia 82 38.2<br />

Bhutan 83 38.1<br />

Suriname 84 37.8<br />

Tajikistan 85 37.5<br />

Ukraine 86 37.3<br />

India 87 37.3<br />

Syria 88 37.2<br />

The <strong>Global</strong> Sustainable Competitiveness Index<br />

51

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