October 15, 2004

 

US Again Tops List in Worldwide Competitiveness

To hear top executives in the US talk, you would think that Sarbanes-Oxley was the end of it all. However, this study, just released by World Economic Forum in it's global competitiveness report, shows the US in the top spot or second in the two areas of competitiveness worldwide. Some of this is business and policy climate and also just plain innovation, the way the US has led in this economy for awhile. This study shows that you can be competitive AND have good governance. In fact, maybe they go hand in hand because their is a fragile investor faith and trust issue which works along side good governance.


An excerpt from this study is here:
"In the growth competitiveness index, Finland, the United States and Sweden maintained the top three spots from 2003, while Denmark and Norway were five and six, respectively. (Taiwan was fourth.)
In the business competitiveness index, the United States held the No. 1 position, followed by Finland, Germany, Sweden, Switzerland and Britain. Canada was overtaken by Japan - which leapt to 8th place from 13th - Hong Kong and Belgium.

The growth index is based on the quality of public institutions and macroeconomic performance, while the business ranking compares company operations and strategy, and a country's investment climate." For the complete article, click here.

To find out how your company can benefit from strong compliance, see www.issuescentral.com to learn more about Issues Central Sarbanes-Oxley Compliance Playbook(tm).



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