The United States leads the annual World Economic Forum’s study of global rankings for the first time since the 2008 financial crisis.
Under the new framework for competitiveness, released Tuesday, the U.S. achieved the closest to the “competitiveness frontier,” or “ideal state,” with a score of 85.6. Singapore (83.5), Germany (82.8), Switzerland (82.6) and Japan (82.5) rounded out the top five in the rankings, which assessed 140 countries.
World Economic Forum study: U.S. ranks closest to ‘ideal state’
Under the new framework for competitiveness, the U.S. achieved the closest to the “competitiveness frontier.”