What Are the World’s Most Competitive Economies?

By Nicholas Vardy Americans love rankings, but should we be concerned that the U.S. recently lost the No. 1 spot in the world financial economic rankings?
Nicholas Vardy explains recent trends and what the rankings really mean.

Americans love rankings.
Whether it’s the top 10 in college football… the annual rankings of U.S. colleges… or the medal count in the Olympics… Americans always want to know who is on top.
Enter the Swiss-based World Economic Forum’s annual Global Competitiveness Report.
The World Economic Forum – which runs the annual conference of the global elite at Davos each year – recently issued a 666-page report ranking 141 countries.
Its criteria …read more

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