Wednesday 7 September 2011

WEF: PIIGS competitiveness rankings

Thinking about the long term prospects for the eurozone and its members. The World Economic Forum offers us fresh insight.

The Global Competitiveness Index 2011-2012 rankings for the so called PIIGS are (out of 142 countries and territories):

Portugal 45
Ireland 29
Italy 43
Greece 90
Spain 36



Ralf Grahn

2 comments:

  1. I think that these this question of ranking is missing the point.

    Of course in such a big union, there will be regional discrepancies.

    The real point is that Europe hasn't come up with a way to ensure internal financial stability yet.

    ReplyDelete
  2. Which point do you think the lack of competitiveness of the PIIGS misses?

    ReplyDelete

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