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Global Competetiveness Report

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Country Rankings<br />

Sustainable Innovation & Competitiveness<br />

Sustainable Innovation<br />

Country Rank Score<br />

Dominica 89 37.1<br />

Moldova 90 37.1<br />

Indonesia 91 37.0<br />

Angola 92 36.3<br />

Botswana 93 36.2<br />

Hungary 94 36.1<br />

Seychelles 95 35.7<br />

Turkmenistan 96 35.4<br />

Vietnam 97 35.4<br />

Albania 98 35.2<br />

Ghana 99 34.6<br />

Macedonia 100 34.6<br />

Dominican Republic 101 34.6<br />

Egypt 102 34.0<br />

Burma 103 33.9<br />

Afghanistan 104 33.6<br />

Equatorial Guinea 105 33.5<br />

Nepal 106 33.4<br />

Qatar 107 33.4<br />

Laos 108 33.3<br />

Morocco 109 32.8<br />

Panama 110 32.5<br />

Timor-Leste 111 32.4<br />

Namibia 112 32.3<br />

Zambia 113 32.1<br />

Thailand 114 32.0<br />

Azerbaijan 115 31.6<br />

Republic of Congo 116 31.5<br />

Bahamas 117 31.4<br />

Gabon 118 31.4<br />

Mexico 119 31.2<br />

Philippines 120 31.2<br />

Jamaica 121 31.2<br />

Pakistan 122 30.5<br />

United Arab Emirates 123 30.3<br />

El Salvador 124 30.2<br />

Belize 125 30.1<br />

Swaziland 126 29.9<br />

Nigeria 127 29.6<br />

Cambodia 128 29.6<br />

North Korea 129 29.2<br />

Ethiopia 130 28.7<br />

Tanzania 131 28.5<br />

Rwanda 132 28.4<br />

In order to achieve sustainable development<br />

through innovation and competitiveness,<br />

countries have a number of tools at their<br />

disposal. However, there is no one-size-fits all<br />

solution. Policies have to be designed<br />

intelligently and specific to the circumstances<br />

and characteristics of a country:<br />

• Increasing budget allocation for<br />

education, and raise incentives for school<br />

attendance. However, increasing financial<br />

allocation alone is never sufficient without<br />

careful and localised planning<br />

• Formulate policies and incentives to<br />

increase allocation for R&D in areas key to<br />

the countries characteristic. In many Asian<br />

countries, formulating strategic industrial<br />

development priorities on the national<br />

level (not in the private industry) has shown<br />

to be highly effective<br />

• Protective measurements: development of<br />

protective measurements for key national<br />

industries areas (including agriculture) to<br />

allow the national industries to reach<br />

international competitiveness before<br />

competing on global markets<br />

• Increase allocation for the development of<br />

modern and intelligent infrastructure<br />

(which has the positive side-effect of<br />

creating employment in countries with<br />

high unemployment) to kick-start the<br />

economy. However, developing prestige<br />

projects that often turn into white<br />

elephants and investment ruins is a waste<br />

of time & money<br />

• Eradicating corruption on all levels.<br />

• Cutting unnecessary bureaucratic and<br />

administrative obstacles for businesses.<br />

• Regulating and attaching conditions to<br />

the flow of international capital<br />

52<br />

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

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