Japan’s competitiveness declines to 24th place in 2007 international ranking
Japan fell down to the 24th place this year from the 16th place in 2006 in the international competitiveness ranking for 2007 announced by the Swiss business school International Institute for Management Development (IDM). The fall is due mainly to a downgraded assessment on the survey item concerning the government efficiency.
China’s competitiveness went up from 18th place in 2006 to the 15th place, surpassing Japan.
The United States remained at the top of the list, followed in order by Singapore and Hong Kong. The IMD survey covers 55 countries and regions.
Subjected to the survey are a total of 323 items in the four fields of economic efficiency, business efficiency, and infrastructure.