WEF 2018 Competitiveness score: What does it mean for Cambodia?

[CEOCambodiaNews]

WEF 2018 Competitiveness score: What does it mean for Cambodia?
by Peter Ford
30 October 2018
The annual World Economic Forum’s (WEF) Global Competitiveness Report has seen Cambodia drop a spot in the rankings, and Geeks in Cambodia thought it would be interesting to take a quick look into the report’s findings, why Cambodia scored as it did, and the impact and potential this has for the kingdom’s tech and entrepreneur sectors.

Switzerland based WEF is an influential player in global business, assisting world leaders and economists to come together to discuss how to best assist international trade and development. The annual Global Competitiveness Report “assesses competitiveness through the factors that determine an economy’s level of productivity—widely considered as the most important determinant of long-term growth and income,” according to the report’s authors.

“At the heart of the competitiveness agenda is the recognition that economic growth is a core driver of human development. There is overwhelming evidence that growth has been the most effective way to lift people out of poverty and improve their quality of life,” the report notes.

In this year’s report, Cambodia ranked 110/140, a one place drop from last years 109/135, placing above neighbouring Laos but behind Thailand and Vietnam as the East Asia and Pacific (EAP) region showed positive signs of economic growth and development...

http://geeksincambodia.com/wef-2018-com ... -cambodia/

[CEOCambodiaNews]

Cambodia drops in WEF index
By The Nation -
October 25, 2018
The World Economic Forum (WEF) has released the latest version of its Global Competitiveness Index which saw differing fortunes for longstanding Asian giants.

The 2018 edition of the WEF competitiveness Index saw China slip down in the rankings on the back of a slowing macroeconomic situation and longstanding barriers within the Chinese work force.

The rankings were led, in Asia, by Singapore and Japan who made significant changes to the economy and work force to make it more competitive and future-proof.

Read the full story: https://www.phnompenhpost.com/opinion/c ... -wef-index