Geneva, December 23 (QNA) - The Global Competitiveness Report is issued annually by the World Economic Forum (WEF) in cooperation with the Qatari Businessmen Association and the Social and Economic Survey Research Institute of Qatar University (SESRI). In the 2020 report, Qatar ranked among the top ten countries in adopting information and communication technology, flexible work arrangements, digital skills, and the digital legal framework, and it is the second Arab country in this classification.
In previous years, Qatar achieved advanced positions in several areas that are among the main pillars covered in the report. Qatar was ranked first in the Arab world and among the top 10 countries in many indicators. In the institutional pillar, Qatar ranked 7th globally in the "efficiency of the legal framework" index, 6th in the "government response to change" index, and 8th in the "long-term government vision" index.
In recognition of the extraordinary developments in 2020 and of the unified global effort required to tackle the health crisis and its socioeconomic fallout, the Global Competitiveness Index rankings have been suspended for 2020.
This years special edition outlines priorities for recovery and revival, assesses the features that helped countries be more effective in managing the pandemic, and provides an analysis of which countries are best poised for an economic transformation towards systems that combine "productivity", "people" and "planet" targets.
The report finds that few economies are ready to achieve long-term prosperity through improved public services, green investments and digitalization.
"The World Economic Forum has long encouraged policymakers to broaden their focus beyond short-term growth to long-term prosperity. This Report makes clear the priorities for making economies more productive, sustainable and inclusive as we emerge from the crisis. The stakes for transforming our economic systems simply could not be higher," said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. (QNA)