NewsWhore
01-29-2008, 06:20 PM
The president of the Association of Industries of Herrera, Jesus Moreno warned that the DR ranking slipped to 96th place of 131 countries in the competitiveness index of the Global Competitiveness Report for 2007-2008. In 2006-2007, the DR ranked 93 among 122 countries. This is a decline of three points for 2007-2008.
The Global Competitiveness Report series is regarded as the world's most comprehensive and respected assessment of countries' competitiveness, and offers insights into the policies, institutions, and factors driving productivity and, thus, enabling sustained economic growth and long-term prosperity.
The ranking placed the DR 107th in institutions, 79th in infrastructure, 91rd in macroeconomic stability, 102 in health and primary education. In categories regarded as efficiency enhances, the country ranked 99 for higher education and training, 100 for goods market efficiency, 86 for labor market efficiency, 108 for financial market sophistication, 64 for technological readiness and 63 for market size. In innovation and sophistication factors, the DR ranked 87 for business sophistication and 106 for innovation.
In the Business Competitiveness Index, the country ranked 92nd of 131 countries, with sub indexes of 84 for sophistication of company operations and strategy and 97 for quality of the national business environment.
Corruption is listed as the most problematic factor for doing business in the DR, followed by access to financing, tax rates, tax regulations, policy instability, inadequately educated workforce and inefficient government bureaucracy.
Under the disadvantages to competitiveness, favoritism in decisions of government officials (128), efficacy of corporate boards (127), wastefulness of government spending (125), public trust of politicians (121), strength of auditing and reporting standards (121), showed major areas where work is cut out for the country to improve its competitiveness.
http://www.gcr.weforum.org/
The National Competitiveness Council spearheads local efforts to enhance competitiveness. Its objective is that the DR can become the third most competitive Latin American country by 2015. CNC executive director Andres van der Horst attended the World Economic Forum's Annual Meeting held in Davos, Switzerland 23-27 January. At the conference, Van der Horst presented the success story of the Tourism Competitiveness Clusters that bring together public and private sectors and empower the community for a trickle down effect of tourism. CNC was also behind the country reducing from 73 to 22 the number of days required to establish a company.
More... (http://www.dr1.com/index.html#3)
The Global Competitiveness Report series is regarded as the world's most comprehensive and respected assessment of countries' competitiveness, and offers insights into the policies, institutions, and factors driving productivity and, thus, enabling sustained economic growth and long-term prosperity.
The ranking placed the DR 107th in institutions, 79th in infrastructure, 91rd in macroeconomic stability, 102 in health and primary education. In categories regarded as efficiency enhances, the country ranked 99 for higher education and training, 100 for goods market efficiency, 86 for labor market efficiency, 108 for financial market sophistication, 64 for technological readiness and 63 for market size. In innovation and sophistication factors, the DR ranked 87 for business sophistication and 106 for innovation.
In the Business Competitiveness Index, the country ranked 92nd of 131 countries, with sub indexes of 84 for sophistication of company operations and strategy and 97 for quality of the national business environment.
Corruption is listed as the most problematic factor for doing business in the DR, followed by access to financing, tax rates, tax regulations, policy instability, inadequately educated workforce and inefficient government bureaucracy.
Under the disadvantages to competitiveness, favoritism in decisions of government officials (128), efficacy of corporate boards (127), wastefulness of government spending (125), public trust of politicians (121), strength of auditing and reporting standards (121), showed major areas where work is cut out for the country to improve its competitiveness.
http://www.gcr.weforum.org/
The National Competitiveness Council spearheads local efforts to enhance competitiveness. Its objective is that the DR can become the third most competitive Latin American country by 2015. CNC executive director Andres van der Horst attended the World Economic Forum's Annual Meeting held in Davos, Switzerland 23-27 January. At the conference, Van der Horst presented the success story of the Tourism Competitiveness Clusters that bring together public and private sectors and empower the community for a trickle down effect of tourism. CNC was also behind the country reducing from 73 to 22 the number of days required to establish a company.
More... (http://www.dr1.com/index.html#3)