WORLD ECONOMIC FORUM

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WORLD ECONOMIC FORUM by Mind Map: WORLD ECONOMIC FORUM

1. ¡¡HOW IS DEFINED COMPETITIVENCES BY THE WORLD ECONOMIC FORUM??

1.1. FIRST IDENTIFY WHERE IS THE ECONOMIC DEFICIT TO CREATE STRATEGIES THAT HELP THE ECONOMIC GROWTH OF THE COUNTRIES AND SO BE MORE COMPETITIVE IN ALL MARKETS

1.2. According to the WEF, competitiveness is defined as the set of institutions, policies, and factors that determine the level of productivity of an economy, which in turn sets the level of prosperity that the economy can achieve

2. ¡¡WHAT DOES THE GLOBAL COMPETITIVENCES REPORT MEASURE AND WHICH ARE THE FEATURES TAKEN INTO ACCOUNT TO BENCHMARK EACHNATIONS PERFORMANCE??

2.1. OFTEN THE DEEP NETWORK OF CONNECTIONS THAT LINK GROWTH TO WIDER SOCIAL VALUES DOES NOT MENTION, INSTEAD OF FOCUSING ON WELFARE, THE MEASUREMENT OF ECONOMIC PROGRESS AND CONCECUENTLY ECONOMIC ANALYSIS AND POLITICS IS GENERATED BY THE GENERAL FIGURES OF GDP. THE FACTORS THAT DRIVE LONG-TERM GROWTH AND PROSPERITY FOR MORE THAN 4 DECADES

2.2. The global competitiveness report analyzes the economies under a basis of 12 features denominated as the pillars of competitiveness. Those factors include:

2.3. institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size, business sophistication, and innovation.

3. WHICH ARE THE THREE STAGES OF DEVELOPMENT ESTABILISHED BY THE WEF?? WHAT ARE THEY BASED ON?

3.1. make globalization more inclusive which includes new proposals for training and retraining and dealing with work displacements, taxes, social protection and tackling inequality, financial markets that work for all, competencies and avoid capture and promote the new it was of international cooperation

3.2. unleash productivity and economic potential in the context of the fourth industrial revolution, which is fundamentally changing the constructions and limits of productivity growth and raise questions about the potential future to improve well-being and the best way to capture and share rewards of new efficiencies, especially in light of the evolution of nature and employment

3.3. promote and achieve multidimensional inclusion, in particular through the development of a multidimensional tool that is informed by aggregate-level indexes evaluated for growth and well-being and that can be used to assess the degree to which countries and communities are inclusive at home. communications, connectivity and evolving organizations incorporate new developments in social networks

4. ¿WICH COUNTRIES ARE THE BEST RANKED IN THE REPORT? WHO ARE THE LATIN AMERICAN BEST RANKED COUNTRIES RANKED? HOW IS COLOMBIA RANKED COMPARED WITH?

4.1. SWITZERLAND, SINGAPORE, UNITED STATESCHILE, COSTA RICA, PANAMA, MEXICO, COLOMBIA, PERU, URUGUAY, JAMAICA, PERU, BRAZIL, ARGENTINA, NICARAGUA, HONDURAS, ECUADOR, DOMINICAN REPUBLIC, EL SALVADOR, PARAGUAY

4.2. IN WHAT I SEE IN THE ANALYSIS I CAN SAY THAT COLOMBIA IS A COUNTRY THAT IS VERY WELL-POINTED BEING ABOVE COUNTRIES AS IT IS ARGENTINA, BRAZIL, PERU, PARAGUAY ETC WHICH MAKES IT KEEP IN A STATE OF COMPETITION AND WITHIN THE MARKETS INTERNATIONAL, I BELIEVE THAT COLOMBIA CAN BE LEADING BOARDS FURTHER WHERE THEY KNOW HOW TO EXPLOIT ALL THE RESOURCES THAT OUR COUNTRY HAS IN OUR WAY

5. ¿HOW CAN YOU SUMMARIZE THE MAN FINDINGS OF THE REPORT?

5.1. THAT THIS ANALYSIS IS VERY IMPORTANT TO BE CARRIED OUT AS THESE ARE THE MOST COMPETITIVE COUNTRIES AND WHICH ARE THE MOST VULNERABLE, AND IT IS VERY IMPORTANT TO BE ABLE TO ACT AND HELP THE ECONOMIC GROWTH AND DEVELOPMENT OF EACH COUNTRY

5.1.1. The main findings of the report can be summarized in three aspects:

5.1.2. The vulnerability of the global financial system,despite the policies and actions taken to recover the public credibility after the global crisis in 2008.

5.1.3. more countries are able to innovate, but they must do more to spread the benefits. Countries like China and India are showing important results in terms of innovation; nevertheless, the knowledge and the benefits of thos developments should be shared among the different social levels in order to improve the conditions and welfare of the citizens.

5.1.4. both labor market flexibility and worker protection are needed to ensure shared prosperity in the 4IR era.