Tuesday, September 16, 2014
English Indonesian

Indonesia drops four places in WEF Global Competitiveness Ranking

The World Economic Forum has just released the 2012-2013 Global Competitiveness Report. This year, Indonesia ranked 50 amongst 144 countries in the world. Dropping four places compared to last year, Indonesia's competitiveness is behind Malaysia, China and Thailand but still ahead of Philippines, Vietnam and all South Asian countries. Major shortcomings are found in the area of institutional framework (particularly due to concerns on corruption and bribery), infrastructure, and public health. On the other hand, provision of basic education and macroeconomic environment exhibited good performance. According to the report, to increase further competitiveness Indonesia should give priorities to address the rigidities and inefficiencies in the labour market, as well as to boost technological readiness.

Source: 2012-2013 Global Competitiveness Report. http://www.weforum.org/gcr 

 

 

EuroCham

European Business Chamber of Commerce in Indonesia (Eurocham)

Wisma Metropolitan 1, 13th Floor Jl. Jend Sudirman Kav. 29-31 Jakarta 12920 Indonesia

Phone: (62 21) 571 0085

Fax: (62 21) 571 2508

Email: info@eurocham.or.id 

Copyright © 2011 EuroCham. All rights reserved.

ebo-logo-blueEuroCham is a member of the European Business Organisations Worldwide Network.

EBO is a network of European Chambers set up in non-EU states around the world.

The network's objective is to serve as a lobbying, information and networking platform for European Business worldwide.

Member Login