Group of 7 countries (G7) Compared by Economy > Growth competitiveness score
DEFINITION:
The GCI, or the Growth competitiveness index, is composed of three pillars, all of which are widely accepted as being critical to economic growth: the quality of the macroeconomic environment, the state of a country's public institutions, and, given the increasing importance of technology in the development process, a country's technological readiness. The GCI aims specifically to gauge the ability of the world's economies to achieve sustained economic growth over the medium to long term.
CONTENTS
Citation
Interesting observations about Economy > Growth competitiveness score
- Finland ranked first for growth competitiveness score amongst European Union in 2005.
- United States ranked second for growth competitiveness score amongst High income OECD countries in 2005.
- Denmark ranked first for growth competitiveness score amongst NATO countries in 2005.
- Estonia ranked first for growth competitiveness score amongst Emerging markets in 2005.
- Italy ranked last for growth competitiveness score amongst Group of 7 countries (G7) in 2005.
- Chile ranked first for growth competitiveness score amongst Former Spanish colonies in 2005.
- Sweden ranked second for growth competitiveness score amongst Europe in 2005.
- Netherlands ranked second for growth competitiveness score amongst Eurozone in 2005.
- Austria ranked first for growth competitiveness score amongst Catholic countries in 2005.
- China ranked third last for growth competitiveness score amongst Non-religious countries in 2005.
