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Global Competetiveness Report

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Country Rankings<br />

Sustainable Innovation & Competitiveness<br />

The measurements listed on the previous<br />

page have been the cornerstones of<br />

successful development in countries in Asia.<br />

Unfortunately, development strategies are<br />

too often driven by economic theories and<br />

ideology instead of pragmatism (a rationally<br />

incomprehensible phenomena that can<br />

currently be observed in European politician’s<br />

attempt to solving the financial crises). Most<br />

of the measurements listed on the previous<br />

page are contradicting to what dominant<br />

players such as the World Bank and the IMF<br />

have been demanding from borrowing<br />

countries. Considering that development in<br />

most of the debtor countries (particularly<br />

Africa) has stalled over the last 50 years, it is<br />

probably fair to state that World Bank/IMF’s<br />

theory-based free market approach has not<br />

been particular helpful. China has recently<br />

entered the scene as an alternative<br />

development partner. While China is most<br />

likely pursuing its own interests (access to<br />

natural resources) its is understandable that<br />

developing countries are co-operating with<br />

China in return for infrastructure development<br />

that do not come with ideological strings<br />

attached.<br />

Interestingly, decline is equally reflected as<br />

progress in this ranking . Analysing the<br />

performance of the USA (formerly considered<br />

powerful not only in size but also in terms of<br />

innovation & competitiveness), shows that the<br />

country is ranked low in relation to its global<br />

status in most innovation and competitiveness<br />

indicators. What is even more worrying from a<br />

USA perspective is that most indicators have<br />

shown negative (declining) trends over<br />

recent years. On a positive note, the USA<br />

stays amongst the top ten countries in terms<br />

of R&D investment and patent applications,<br />

indicating that all is not yet lost.<br />

Sustainable Innovation<br />

Country Rank Score<br />

Senegal 133 28.3<br />

Kenya 134 28.1<br />

Niger 135 28.0<br />

Liberia 136 27.8<br />

Bolivia 137 27.6<br />

Uganda 138 27.2<br />

Gambia 139 27.1<br />

Mauritania 140 27.0<br />

Sudan 141 26.8<br />

Maldives 142 26.7<br />

Cameroon 143 26.6<br />

Papua New Guinea 144 26.4<br />

Benin 145 26.3<br />

Guatemala 146 26.3<br />

Zimbabwe 147 25.8<br />

Mali 148 25.3<br />

Sierra Leone 149 25.1<br />

Democratic Republic of Congo 150 25.0<br />

Trinidad and Tobago 151 24.7<br />

Malawi 152 24.5<br />

Mozambique 153 24.4<br />

Central African Republic 154 24.4<br />

Fiji 155 24.3<br />

West Bank and Gaza 156 24.1<br />

Djibouti 157 24.1<br />

South Sudan 158 23.5<br />

Cote d'Ivoire 159 23.5<br />

Lesotho 160 23.3<br />

Honduras 161 22.9<br />

Chad 162 22.4<br />

Eritrea 163 22.4<br />

Guinea-Bissau 164 22.3<br />

Togo 165 22.1<br />

Burundi 166 22.0<br />

Bangladesh 167 21.8<br />

Madagascar 168 21.7<br />

Burkina Faso 169 21.4<br />

Somalia 170 21.3<br />

Comoros 171 21.2<br />

Haiti 172 20.8<br />

Guinea 173 20.1<br />

Nicaragua 174 18.4<br />

Yemen 175 15.2<br />

Iraq 176 14.5<br />

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

53

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