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I've spent half an hour on the WEF site, and I can't for the life of me figure out what they're measuring. Or why it matters.
Posted by Stephen Gordon on September 26, 2006 in Canadian economy, Productivity | Permalink
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It's a trick! They want to see how competitively you are at searching their site. You spent 30 minutes while I would have spent about 5. Which might explain some of the differences between Canada and Romania. ;-)
Gabriel M. |
September 27, 2006 at 06:22 AM
The Business Competitiveness Index: examines the underlying conditions defining the sustainable level of productivity in each country. Developed by Michael Porter
The Global Competitiveness Index: aims to measure the set of institutions, polices and factors that set the sustainable current and medium-term levels of economic prosperity
Both indices draw on a combination of quantitative data and results from the Executive Survey in each country as well as hard data measures.
Why it Matters... |
September 28, 2006 at 04:40 PM
Oh, I understand what it says that it's trying to measure. But that's not the same thing as what it's actually measuring.
Stephen Gordon |
September 28, 2006 at 06:21 PM
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