Singapore set to dethrone US in competitiveness

Sify
20 May 2008

Mumbai: When it comes to global competitiveness, India’s just a speck in the picture.

In fact, this year, it may very well have fallen out.

The twentieth World Competitiveness Yearbook 2008, released by Lausanne, Switzerland-based business school IMD, ranks India 29th, down two notches from last.

If it’s any consolation, China is down two levels, too — to 17.

The US is firmly perched atop the list, as it has been for the last fifteen years.

But surprise, surprise, puny Singapore might jolly well topple it next year.

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