WEF – 2010 World EConomic Forum

Posted: 11 September 2010 by reanxyz in Uncategorized

So according to Doing business 2010 ranking, our country dropped ranks..

But in WEF, we jump rank.. ahah

have a read….. Here

and quick summary below

Brunei overall ranking improved by 4 places to 32nd out of 133 economies

Areas on which the Sultanate has improved are:

  • health and primary education (+10)
  • goods market efficiency (+22)
  • financial market development (+13)
  • technological readiness (+13)
  • innovation (+6).

Decline in:

  • infrastructure (-11)
  • higher education and training (-2)
  • market size (-3).

Parameters

  • stage of development, namely institutions (36th)
  • health and primary education (32nd)
  • macroeconomic environment (1st) <–i m suprised here
  • While the basic requirements are in place, the overall environment for doing business remains challenging. Goods markets are improving but continue to lack efficiency (78th) and financial markets could be further developed (55th). Competitiveness would also be enhanced through improvements of the higher education system (64th)
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Comments
  1. reanxyz says:

    erm… had just check the report…. the dude from BT are using the rank from previous year… aihh…. simple mistake….. brunei 2010-2011 overall rank 28… out of 139..

    GCI 2010–2011…………………………………………………28 ……4.8
    GCI 2009–2010 (out of 133)…………………………………………..32 ……..4.6
    GCI 2008–2009 (out of 134)…………………………………………..39 ……..4.5
    Basic requirements…………………………………………………….20 ……..5.5
    1st pillar: Institutions …………………………………………………..36 ……..4.8
    2nd pillar: Infrastructure……………………………………………..52 ……..4.3
    3rd pillar: Macroeconomic environment ………………………1 ……..6.6
    4th pillar: Health and primary education …………………….32 ……..6.2
    Efficiency enhancers………………………………………………….67 ……..4.0
    5th pillar: Higher education and training…………………….64 ……..4.2
    6th pillar: Goods market efficiency……………………………..78 ……..4.1
    7th pillar: Labor market efficiency ………………………………10 ……..5.2
    8th pillar: Financial market development…………………….55 ……..4.3
    9th pillar: Technological readiness……………………………..49 ……..4.0
    10th pillar: Market size………………………………………………118 ……..2.5
    Innovation and sophistication factors ……………………….72 ……..3.4
    11th pillar: Business sophistication…………………………….77 ……..3.8
    12th pillar: Innovation………………………………………………….69 ……..3.1

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