GLOBAL COMPETITIVENESS 2015: CANADA AND THE US, TWO GREAT DESTINATIONS FOR INVESTORS (INFOGRAPHIC)
The World Economic Forum recently released its 2014-2015 rankings for global competitiveness according to its Global Competitive Index (GCI). For this infographic, we focused on Canadian and US performance and highlighted each country’s strengths.
The GCI is an estimate of the level of productivity and competitiveness of an economy and is calculated by including a weighted average of many different components, each measuring a different aspect of competitiveness on a scale of 1 to 7.
The World Economic Forum defines competitiveness as:
“The set of institutions, policies and factors that determine the level of productivity of a country. The level of productivity, in turn, sets the level of prosperity that can be earned by an economy.”
A competitive economy is therefore a productive economy with good growth potential.
Discover how these two North American giants fared!
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