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Australia sinks further in the global competitiveness rankings

Australian Competitiveness

The World Economic Forum just posted its most recent Global Competitiveness index. I don’t agree with some of the underlying measurements, but I find the depth and transparency into their process excellent – if you are wondering how they got to a score then the answer is probably available. Very useful when looking at which international countries to invest our superannuation and investment funds.

An excerpt for Australia is shown below (comments are mine):

Australian Competitiveness

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