The Astana Times provides news and information from Kazakhstan and around the world.
ASTANA – Kazakhstan lost 11 positions in the 2016-2017 Global Competiveness Report issued by the World Economic Forum (WEF). The country was ranked 53rd among 138 nations between Rwanda (52) and Costa Rica (54).
“The Global Competitiveness Index (GCI) shows, to date, progress in building an enabling environment for innovation and remains the advantage of only a few economies. Last but not least, future growth will also depend on the ability of economies to safeguard the benefits of openness to trade and investment that has led to record reductions …read more
Source: The Astana Times
