"Bear in mind that the wonderful things you learn in your schools are the work of many generations, produced by enthusiastic effort and infinite labor in every country of the world. All this is put into your hands as your inheritance in order that you may receive it, honor it, add to it, and one day faithfully hand it to your children. Thus do we mortals achieve immortality in the permanent things which we create in common." - Albert Einstein

Sunday, September 8, 2013

Philippines' Global Competitiveness - World Economic Forum (2013)

Last year, the Philippines ranked 65th (out of 144 countries) in the 2012-2013 Global Competitiveness Report. This year, the country improved by leaping to number 59. As noted in a previous post in this blog, competitiveness is relative. The overall ranking does not really matter much. What is more significant is to compare the Philippines against its neighbors in Southeast Asia. This time, the World Economic Forum makes it easier to see this comparison. The new report, 2013-2014 Global Competitiveness Report has the following table and figure:

Above table captured from the 2013-2014 Global Competitiveness Report
Above figure captured from the 2013-2014 Global Competitiveness Report
In this table and figure, it is much clearer where the Philippines really stands. Infrastructure, health and education remain very weak especially when compared against its real competition, the other members of the Association of Southeast Asian Nations (ASEAN).

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