The travel and tourism (T&T) industry has been one of fastest-growing sectors globally over the past ten years, and this upward trend is expected to continue in the future. The number of international travelers reached 1 billion in 2012 and has almost doubled over the past 20 years. It is estimated that the T&T sector directly contributes about 9.3 percent of GDP and 3.4 percent of employment worldwide. In addition to its direct economic impact, a strong T&T industry helps to boost productivity and to connect countries by prompting hard and soft infrastructure upgrades, which are...
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April 19, 2013
Under the theme “Reducing Barriers to Economic Growth and Job Creation”, The Travel & Tourism Competitiveness Report 2013 assesses 140 economies worldwide based on the extent to which they are putting in place the factors and policies to make it attractive to develop the travel and tourism sector. Read the full news release for more information.The 2013 Travel & Tourism Competitiveness Index (TTCI) reveals that Switzerland, Germany and Austria lead the world in terms of travel and tourism competitiveness, with Spain, the United Kingdom, the United States, France, Canada, Sweden...
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March 6, 2013
“Enabling Trade: Valuing Growth Opportunities” finds that reducing supply chain barriers can increase global GDP up to 6 times more than removing all import tariffs. Such large increases in GDP would be associated with positive effects on unemployment, potentially adding millions of jobs to the global workforce. The report builds on eighteen industry case examples, spanning multiple industries and regions, to understand on-the-ground implications of supply chain barriers and the policy implications resulting. Companies must recognize and manage supply chain costs, and governments should...
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January 14, 2013
The World Economic Forum’s Global Enabling Trade Report series focuses on measuring whether economies have in place the necessary attributes for enabling trade and where improvements are most needed.
The World Economic Forum’s Global Enabling Trade Report series focuses on measuring whether economies have in place the necessary attributes for enabling trade and where improvements are most needed.A widely used reference, the report helps countries in their efforts to integrate global value chains and companies with their investment decisions. It is intended to be used as a motivator for change and a foundation for dialogue.Under the theme “Reducing Supply Chain Barriers”, The Global Enabling Trade Report 2012 explores how the globalization of value chains impacts measurement of trade and...
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May 16, 2012
This year marks the fifth anniversary of the founding of the World Economic Forum’s Community of Global Growth Companies (GGCs). During the past five years, we have
witnessed the emergence of a new generation of economic leaders.
Recognizing their importance, the Community engages those players that, in addition to showing consistently high growth rates, act as disruptors of traditional industries through
their new technologies and innovative business models. GGC members come from both fast growing emerging markets and established economies.
As of August 2011, the Community includes...
Post date:
September 29, 2011
This year marks the fifth anniversary of the founding of the World Economic Forum’s Community of Global Growth Companies (GGCs). During the past five years, we have
witnessed the emergence of a new generation of economic leaders.
Recognizing their importance, the Community engages those players that, in addition to showing consistently high growth rates, act as disruptors of traditional industries through
their new technologies and innovative business models. GGC members come from both fast growing emerging markets and established economies.
As of August 2011, the Community includes...
Post date:
September 29, 2011
This year marks the fifth anniversary of the founding of the World Economic Forum’s Community of Global Growth Companies (GGCs). During the past five years, we have
witnessed the emergence of a new generation of economic leaders.
Recognizing their importance, the Community engages those players that, in addition to showing consistently high growth rates, act as disruptors of traditional industries through
their new technologies and innovative business models. GGC members come from both fast growing emerging markets and established economies.
As of August 2011, the Community includes...
Post date:
September 29, 2011
This year marks the fifth anniversary of the founding of the World Economic Forum’s Community of Global Growth Companies (GGCs). During the past five years, we have witnessed the emergence of a new generation of economic leaders.
Recognizing their importance, the Community engages those players that, in addition to showing consistently high growth rates, act as disruptors of traditional industries through their new technologies and innovative business models. GGC members come from both fast growing emerging markets and established economies.
As of August 2011, the Community includes more...
Post date:
September 26, 2011
This year marks the fifth anniversary of the founding of the World Economic Forum’s Community of Global Growth Companies (GGCs). During the past five years, we have
witnessed the emergence of a new generation of economic leaders.
Recognizing their importance, the Community engages those players that, in addition to showing consistently high growth rates, act as disruptors of traditional industries through
their new technologies and innovative business models. GGC members come from both fast growing emerging markets and established economies.
As of August 2011, the Community includes...
Post date:
September 26, 2011
The report Redefining the Future of Growth: The New Sustainability Champions, prepared with The Boston Consulting Group (BCG), highlights innovative business practices from companies originating and operating in emerging markets. By focusing on a group of 16 exemplary companies called the New Sustainability Champions, the report shows how those businesses create unconventional and profitable solutions that positively impact economic growth and enhance overall sustainability in their regions.
The report Redefining the Future of Growth: The New Sustainability Champions, prepared with The Boston Consulting Group (BCG), highlights innovative business practices from companies originating and operating in emerging markets. By focusing on a group of 16 exemplary companies called the New Sustainability Champions, the report shows how those businesses create unconventional and profitable solutions that positively impact economic growth and enhance overall sustainability in their regions.Taking into account criteria covering sustainability, innovation, scalability, geography and size, the...
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September 12, 2011
Contact us
Benchmarking and Competitiveness Library
The Global Competitiveness and Benchmarking Network, with its annual Global Competitiveness Reports, and other topical and regional reports, offers a structured, systematic and comprehensive approach to identifying and measuring the drivers of economic performance of more than 140 economies. The Network’s portfolio of reports provides unique insight and data to inform strategies and constructive discussions among policy-makers, business leaders and civil society, while also providing material for independent academic research.
The Global Competitiveness and Benchmarking Network works with leading academics to ensure that the latest thinking and research on competitiveness are incorporated into its work. It collaborates with its network of more than 160 Partner Institutes to disseminate the findings of its research at national and regional levels.
The Global Competitiveness Report 2012-2013 assesses the competitiveness landscape of 144 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide. Access the data platform to visualize and download the data.This year’s report findings show that Switzerland tops the overall rankings in The Global Competitiveness Report for the fourth consecutive year. Singapore remains in second position with Finland, in third position, overtaking Sweden 4th. These and other...
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September 7, 2011
Browse the ReportSession VideosHighlights from Saturday 29 JanuaryHighlights from Friday 28 JanuaryHighlights from Thursday 27 JanuaryHighlights from Wednesday 26 JanuaryQuotes from Meeting ParticipantsThe Annual Meeting of the World Economic Forum in Davos-Klosters is perhaps best known to the world at large simply as "Davos". It is much more than a simple get-together of global leaders from many fields in a Swiss ski resort, however.The Annual Meeting provides a rethinking of our systems and exploration of strategies and solutions that have positive transformational implications. For...
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January 26, 2011
In the aftermath of the past years’ financial and economic events, one learning point is apparent: new companies from around the world are playing an increasingly important role in shaping the global economy. The World Economic Forum takes great pride in having identified this trend at an early stage and in creating the Community of Global Growth Companies (GGCs) that brings together top emerging companies from around the globe.The Forum established this Community in 2007, with the purpose of identifying those players that in addition to showing consistently...
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January 20, 2011
Particularly in the wake of the global economic crisis, we need to rethink our values, redesign our systems, and rebuild our
institutions to make them more proactive and strategic, more inclusive, more reflective of the new geo-political and geoeconomic
circumstances, and more reflective of inter-generational accountability and responsibility.
The Global Redesign Initiative was a global, multistakeholder dialogue on the future of international cooperation. Set up in the midst of the global financial crisis, its purpose was to stimulate thinking and debate about how the international community and its institutions and organizations in their widest sense can be adapted to contemporary challenges. The distillation of this process has helped the Forum's many communities to develop proposals that seek to highlight potential responses to the challenge of adapting to a new global business and social environment.
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December 20, 2010
In the study, the Working Group on Trade and Climate Change outlines how a clash between trade and climate change can be avoided and suggests how the World Trade organization (WTO) can advance trade while achieving climate change goals.
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December 8, 2010
Emerging Economies, Engines of Global Trade
In the last two decades, south-south trade has increased 20-fold and is expected to account for more than one-half of global trade by 2030.
How can burgeoning south-south commercial and economic relationships lead to the reduction of global trade barriers and the transfer of innovative social development?
This session is on the record.
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November 15, 2010
Arab Competitiveness Report 2013
The Arab World Competitiveness Report 2013 is a World Economic Forum - EBRD collaboration which analyses and benchmarks countries' competitiveness in the Arab world. Read the full news release for more information.The report highlights that a strong and vibrant private sector is key to address the unemployment challenge as only private business can create a sufficient number of jobs to absorb the countries’ growing young workforce. Furthermore, improving education, boosting skills and addressing bottlenecks in labour markets are identified as a win-win in terms of creating jobs and...
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November 11, 2010
This report draws on the results of the Enabling Trade Index 2010 to analyse in detail the performance of seven ASEAN member countries. The Index ranks 125 economies worldwide, based on their ability to fully benefit from trade in the following areas: market access, border administration, transport and communication infrastructure, and business environment.
This report draws on the results of the Enabling Trade Index 2010 to analyse in detail the performance of seven ASEAN member countries. The Index ranks 125 economies worldwide, based on their ability to fully benefit from trade in the following areas: market access, border administration, transport and communication infrastructure, and business environment.
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November 5, 2010
The World Economic Forum Partnering Against Corruption Initiative (PACI) is a global, multi-industry, multi-stakeholder anti-corruption initiative set up to raise business standards and to contribute to a competitive, transparent, accountable and ethical business society. Corruption is a strategic business risk and fighting corruption is a strategic imperative for every CEO. Through its efforts in the B20 dialogue and other global agenda setting initiatives, PACI helps foster a high-level dialogue between business and governments. The initiative asks business leaders to sign a set of Principles, thereby committing to a zero tolerance policy towards bribery and corruption and agreeing to establish an internal anti-corruption programme. For an overview of the current PACI members, please click here.
Join the leading global business voice on anti-corruption Anti-corruption - a strategic imperative for every CEOPACI - the leading global business voice on anti-corruptionPACI – bringing together cross-industry communitiesThe PACI Board, 2013PACI sectors and industriesPACI is active around the worldPACI is making a tangible impact in the fight against corruptionMore about PACIAnti-corruption - a strategic imperative for every CEOCorruption is identified as the top impediment to conducting business in 22 out of 144 economies, as measured in the World Economic Forum's Global...
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October 26, 2010
The Financial Development Report measures and analyses the factors enabling the development of financial systems in a number of economies around the world. It aims to provide a comprehensive means for countries to benchmark various aspects of their financial systems and establish priorities for improvement. It is published annually so that countries can benchmark themselves and track their progress over time.The Report does not attempt to inform current or short-term events, such as the latest developments affecting the eurozone. Rather, it aims to serve decision-makers in developing a...
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October 24, 2010
Resilience in the face of protectionism fears
Singapore and Hong Kong SAR continue to occupy the top two positions followed by Denmark, Sweden and Switzerland in the The Global Enabling Trade Report 2010, released today by the World Economic Forum. New Zealand, Norway, Canada, Luxembourg and the Netherlands complete the top-10 list. Among the large economies, Germany is the best performer at 13th, ahead of the United States, which drops by three places to 19th. China (48th) and Brazil (87th) remain stable, while Turkey (62nd), India (84th) and Russia (114th) drop in the ranking.The results mirror the resilience against the threat of...
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October 24, 2010
Despite being rich in resources and intellectual capital, the majority of African countries are net importers of everything from rice to clothes and automobiles.What lessons can be learned from other emerging market economies that over the past decade have identified areas of competitive advantage and invested in local production capacity and skills development, with the net result of a rising middle class and strong GDP growth?This session is on the record.Key Points• Small markets and protectionism in Africa leads to high prices and gross inefficiencies in production and ...
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May 6, 2010
The theme of the Annual Meeting was Improve the State of the World: Rethink, Redesign, Rebuild. In his opening address, President Nicolas Sarkozy of France said that it would not be possible to emerge from the global economic crisis and protect against future crises if the economic imbalances that are at the root of the problem are not addressed.
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January 27, 2010