Burma Ranks Near Bottom in Global Competitiveness Report

Description: 

"Burma was ranked 134 among 148 countries in a Global Competitiveness Report 2014-15, released by the World Economic Forum on 3 September. The report reviewed the competitiveness of countries based on the paradigms of education, governance, technology, institutions, market efficiency, infrastructure and innovation. Within these paradigms, Burma scored extremely low in harnessing the latest technological advances and the capacity to retain talent within the country. According to the report, some of the most ?problematic factors? that hinder business growth in Burma are political instability, corruption, inadequate educated workforce and access to finance. Related Stories Despite President Thein Sein?s proposal to increase health and education budget earlier in January this year, the list indicated a severely hit health sector, as well as diminished primary and higher education, contributing to an overall low ranking in global competitiveness. The only segments where the report showed Burma in positive rankings were primary education enrollment and the ratio of women in the labour force."...

Source/publisher: 

Democratic Voice of Burma

Date of Publication: 

2014-09-05

Date of entry: 

2014-09-26

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  • Websites/Multiple Documents

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Language: 

English

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