The Index measures competitiveness in terms of transparency of institutions, infrastructure, macroeconomics, health and education, labour market efficiency, innovation and technological readiness amongst other things. The GCI-Index ranks Finland as a top country in transparency of public institutions, health and primary and the higher education.
The report states that the “country boasts well-functioning and highly transparent public institutions and also seem to be among the best run and most ethical in the world.”
It also praises Finland’s workforce by observing that “Finland has a workforce with the kills needed to adapt rapidly to a changing environment and has laid the groundwork for high levels of innovation, allowing Finland to become a highly innovative economy.”
World’s most competitive countries:
5. United States
7. Hong Kong
10. United Kingdom
18. New Zealand
News courtesy of Good News! from Finland / Finnfacts.