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chapter 6 - Malaysia Productivity Corporation ( MPC)

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<strong>Malaysia</strong> among the top 20 with countries<br />

such as Canada, Denmark, Finland, Norway and<br />

Australia (Figure 3.1). The five most competitive<br />

economies were Hong Kong, United States,<br />

Singapore, Sweden and Switzerland where<br />

these economies were characterised by highly<br />

sophisticated and innovative companies, strong<br />

R&D collaboration between the business sector<br />

and universities as well as supported by world<br />

class infrastructure. <strong>Malaysia</strong> was ranked 5 th<br />

position ahead of China, New Zealand, Korea,<br />

Figure 3.2: Competitiveness Ranking by Asia-Pacific Region<br />

HONG KONG 1<br />

SINGAPORE 2<br />

TAIWAN 3<br />

AUSTRALIA 4<br />

MALAYSIA 5<br />

CHINA MAINLAND 6<br />

NEW ZEALAND 7<br />

KOREA 8<br />

JAPAN 9<br />

THAILAND 10<br />

INDIA 11<br />

INDONESIA 12<br />

PHILIPPINES 13<br />

The World Competitiveness Ranking 2011 (Asia - Paci�c)<br />

Source : IMD World Competitiveness Yearbook 2011<br />

CHAPTER 3<br />

Japan, Thailand, India and Indonesia among 13<br />

Asia-Pacific countries (Figure 3.2).<br />

<strong>Malaysia</strong>’s Performance With Selected<br />

Countries<br />

<strong>Malaysia</strong>’s performance with selected Asian<br />

and OECD countries is based on the four<br />

competitiveness input factors namely, Economic<br />

Performance, Government Efficiency, Business<br />

Efficiency and Infrastructure as well as their subfactors.<br />

0 10 20 30 40 50 60 70 80 90 100<br />

100.00<br />

98.557<br />

92.011<br />

89.259<br />

84.120<br />

81.100<br />

79.799<br />

78.499<br />

75.214<br />

74.886<br />

70.649<br />

64.610<br />

63.291<br />

35

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