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CHART OF THEРУMБOРNИTКHА

Ranking of the countries ac-
cording to their competitive-
ness. What position does the
Republic of Macedonia have?

Ranking on competitiveness оf the economy

The latest report on global competitiveness, Source: Report on global competitiveness
published on September 28, 2016, ranks Most problematic factors for doing business in the
138 countries according to the Global Republic of Macedonia (according to the Survey of the World
Competitiveness Index. The Republic of
Macedonia is ranked 68th, which is a worse Economic Forum)
position compared to the previous ranking
when it was ranked on the 60th place.
However, Macedonia remains one of the
best ranked countries from our region, only
Bulgaria, Slovenia and Romania and ranked
better. Actually, best ranked in the world
are: Switzerland, which is on the first place,
followed by Singapore, the United States of
America, the Netherlands, Germany, Sweden,
United Kingdom, Japan, Hong Kong and
Finland.

The ranking is according to the assessment for the
realizations in so called pillars of competitiveness
foreverycountry.Macedonia’spositionisrelatively
better in the efficiency of the market of goods
(34th place), the macroeconomic environment
(44) and the innovations (51), while it is worse
ranked in the efficiency of the labour market (95),
the sector of health and primary education (92)
and the infrastructure (80). In addition, a survey
has been conducted for the executive directors
within the World Economic Forum. Of 16 offered
factors, they were supposed to choose 5 most
problematic ones for doing business in some
country, and they were supposed to rank them
appropriately. The second graph shows the
results from the statements of the executive
directors for the Macedonian economy.

Source: Report on global competitiveness

November 2016 Zoran Jovanovski

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