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SPECIAL EDITION 2020 How Countries ... - World Economic …

The Global Competitiveness Report SPECIAL EDITION 2020 How Countries are Performing on the Road to RecoveryKlaus Schwab Saadia ZahidiWorld Economic ForumThe Global Competitiveness Report SPECIAL EDITION 2020: How Countries are Performing on the Road to recovery 2 Terms of use and disclaimerThe analysis presented in the Global Competitiveness Report SPECIAL EDITION 2020 (herein: report ) is based on a methodology integrating the latest statistics from international organizations and a survey of executives. The methodology, developed in collaboration with leading experts and practitioners through a three-year consultative process, is designed to support Countries to identify relevant policies and practices.

on the priorities for recovery and revival, and considering the building blocks of a transformation towards new economic systems that combine “productivity”, “people” and “planet” targets. In 2021, the report will revert to a benchmarking exercise that will provide a new compass for the future direction of economic growth.

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1 The Global Competitiveness Report SPECIAL EDITION 2020 How Countries are Performing on the Road to RecoveryKlaus Schwab Saadia ZahidiWorld Economic ForumThe Global Competitiveness Report SPECIAL EDITION 2020: How Countries are Performing on the Road to recovery 2 Terms of use and disclaimerThe analysis presented in the Global Competitiveness Report SPECIAL EDITION 2020 (herein: report ) is based on a methodology integrating the latest statistics from international organizations and a survey of executives. The methodology, developed in collaboration with leading experts and practitioners through a three-year consultative process, is designed to support Countries to identify relevant policies and practices.

2 The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of the World Economic report presents information and data that were compiled and/or collected by the World Economic Forum (all information and data referred herein as data ). data in this report is subject to change without notice. The terms country and nation as used in this report do not in all cases refer to a territorial entity that is a state as understood by international law and practice. The terms cover well-defined, geographically self-contained Economic areas that may not be states but for which statistical data is maintained on a separate and independent the World Economic Forum takes every reasonable step to ensure that the data thus compiled and/or collected is accurately reflected in this report, the World Economic Forum, its agents, officers, and employees.

3 (i) provide the data as is, as available and without warranty of any kind, either express or implied, including, without limitation, warranties of merchantability, fitness for a particular purpose and non-infringement; (ii) make no representations, express or implied, as to the accuracy of the data contained in this report or its suitability for any particular purpose; (iii) accept no liability for any use of the said data or reliance placed on it, in particular, for any interpretation, decisions, or actions based on the data in this report. Other parties may have ownership interests in some of the data contained in this report.

4 The World Economic Forum in no way represents or warrants that it owns or controls all rights in all data, and the World Economic Forum will not be liable to users for any claims brought against users by third parties in connection with their use of any World Economic Forum, its agents, officers, and employees do not endorse or in any respect warrant any third-party products or services by virtue of any data, material, or content referred to or included in this report. Users shall not infringe upon the integrity of the data and in particular shall refrain from any act of alteration of the data that intentionally affects its nature or accuracy.

5 If the data is materially transformed by the user, this must be stated explicitly along with the required source data compiled by parties other than the World Economic Forum, as specified in Appendix A of this report, users must refer to these parties terms of use, in particular concerning the attribution, distribution, and reproduction of the data for which the World Economic Forum is the source (herein World Economic Forum ), as specified in Appendix A of this report, is distributed or reproduced, it must appear accurately and be attributed to the World Economic Forum.

6 This source attribution requirement is attached to any use of data, whether obtained directly from the World Economic Forum or from a who make World Economic Forum data available to other users through any type of distribution or download environment agree to make reasonable efforts to communicate and promote compliance by their end users with these who intend to sell World Economic Forum data as part of a database or as a stand-alone product must first obtain the permission from the World Economic Forum Economic Forum91-93 route de la CapiteCH-1223 Cologny/GenevaSwitzerlandTel.

7 : +41 (0)22 869 1212 Fax: +41 (0)22 786 2744E-mail: Copyright 2020by the World Economic Forum All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, or otherwise without the prior permission of the World Economic Forum. ISBN 978-2-940631-17-9 The report and an interactive data platform are available at 3 ContentsPrefaceExecutive SummaryIntroductionSection 1 Enabling What were the enabling environment-related priorities emerging from the past decade?

8 What are the priorities for the enabling environment for the revival of economies? What are the priorities for the transformation of enabling environments?Section 2 Human What were the human capital-related priorities emerging from the past decade? What are the priorities for human capital development for revival of economies? What are the priorities for the transformation of human capital?Section 3 What were the markets-related priorities emerging from the past decade? What are the priorities for markets to become a driving force in Economic revival?

9 What are the priorities for the transformation of markets?Section 4 Innovation What were the innovation ecosystem-related priorities emerging from the past decade? What are the priorities for innovation ecosystem to for the revival of economies? What are the priorities for the transformation of innovation ecosystem?Section 5 Measuring Economic Transformation ReadinessSection 6 Disruptions and Resilience: Tracking the Impact of the Pandemic through Business The impact of the COVID-19 crisis on indicators of Key features of competitiveness that enhanced Countries responses to the pandemicAppendix A Transformation Readiness Framework: Methodology and DefinitionsAppendix B - Transformation Readiness Performance by Score in CategoryAppendix C The Executive Opinion Survey.

10 The Voice of the Business Community Contributors and AcknowledgementsPartner Institutes4591112171920212526 2728353638394142435253546373778788 2020 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval Global Competitiveness Report SPECIAL EDITION 2020: How Countries are Performing on the Road to RecoveryThe Global Competitiveness Report SPECIAL EDITION 2020: How Countries are Performing on the Road to recovery 4 Klaus Schwab Founder and Executive Chairman Saadia Zahidi Managing DirectorPrefaceThe combined health and Economic shocks of 2020 have impacted the livelihoods of millions of households, disrupted business activities, and exposed the fault lines in today s social protection and healthcare systems.


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