Shimon Peres – Nobel Peace Prize laureate and public servant extraordinaire – held just about every possible government position in Israel. Since his first appointment as Director-General of the Ministry of Defense in 1959 at the age of 29, Peres held a number of key posts, including Minister of Defense, Finance and Foreign Affairs, and Prime Minister (twice) and ending with the presidency at the age of 91. He also served in the Knesset, Israel’s parliament, for almost 50 years.
The Global Competitiveness Report 2016-2017 assesses the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity.
This year’s edition highlights that declining openness is threatening growth and prosperity. It also highlights that monetary stimulus measures such as quantitative easing are not enough to sustain growth and must be accompanied by competitiveness reforms. Final key finding points to the fact that updated business practices and investment in innovation are now as important as infrastructure, skills and efficient markets.
Switzerland, Singapore and the United States remain the three world’s most competitive economies.
“Declining openness in the global economy is harming competitiveness and making it harder for leaders to drive sustainable, inclusive growth,” said Klaus Schwab, Founder and Executive Chairman, World Economic Forum.
The Report series remains the most comprehensive assessment of national competitiveness worldwide