The U.S. beat off Singapore, Germany, Switzerland and Japan due to its ‘vibrant’ entrepreneurial culture and ‘strong’ labor market and financial system. The World Economic Forum, the same organization that runs the Davos meeting of global powerbrokers each January, bases its rankings of 140 economies on a dozen drivers of competitiveness, including a country’s institutions and the policies that help drive productivity.
Original Article: http://www.dailymail.co.uk/news/article-6284131/U-S-regains-crown-competitive-economy-time-2008-WEF.html
Original Video: http://www.dailymail.co.uk/video/news/video-1784252/Video-U-S-takes-lead-competitive-economy.html
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