Switzerland is the second most competitive economy, behind the US, says the World Economic Forum
The competitiveness of Switzerland's economy has again been ranked second only to that of the United States in a World Economic Forum (WEF) annual survey. WEF awarded Switzerland top marks for innovation and the quality of infrastructure in its 2007/8 Global Competitiveness Report. But the country was held back by the relatively small size of its economy. It is the second year in a row that the Swiss have come runners-up in the poll of 12,000 business leaders, conducted by the Geneva-based organisation.
WEF asked respondents to rank 134 countries based on factors that promoted economic growth, such as the availability of talent, transparency of governance, infrastructure and openness to innovation.
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