2004News

DR is less competitive

The 2004-2005 Global Competitiveness Report of the World Economic Forum shows the DR has suffered a setback in its competitiveness ranking. The DR is ranked 72nd among the 104 nations listed in the Growth Competitiveness Index, down from 62nd place in 2003. In Latin America, only Argentina (74), Guatemala (80), Venezuela (85), Ecuador (90), Nicaragua (95), Honduras (97), Bolivia (98) and Paraguay (100) rank beneath the DR in terms of competitiveness. Chile (22) is by far regarded as the most competitive Latin American country, followed by Mexico (48), Costa Rica (50), Trinidad and Tobago (51), El Salvador (53), Uruguay (54), Brazil (57) and Colombia (64). The growth competitiveness index is composed of three component indexes: the technology index, the public institutions index and the macroeconomic environment index.

See http://www.weforum.org/site/homepublic.nsf/Content/…