ranking analysis
WEF competitiveness report: treat with caution
The WEF competitiveness report is an ambitious project that yields some interesting results — but it shouldn’t be treated as scientific fact
31 October 2019 - 05:00
SA clawed its way back to 60th position in the latest World Economic Forum (WEF) competitiveness report after dropping to a decade low of 67th in 2018. The question is, does anybody really care?
The WEF competitiveness report, a remarkably ambitious project, seems to become more ambitious by the year. The 2019 version runs to a scary 666 pages and provides rankings on every imaginable aspect of an economy — an effort resulting, in part, from a survey of thousands of business executives in 141 economies...
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