Croatia Not Faring Well on the World Competitiveness List Published by IMD
Zagreb, May 15 (CP) – Croatia has come 49th out of 55 countries on the world competitiveness list with all EU members fairing better, but with Croatia doing better by four places than the previous year.
The list for 2008 was published by the Institute for Management Development (IMD) headquartered in Lausanne and has seen Croatia’s position shift by four places, but still being outdone by new EU members Bulgaria and Romania.
The best positioned have been the US, Singapore and Hong Kong.
Croatia is expected to introduce a string of reforms in several areas like the efficiency of its economy, which may result in its competitiveness improving. Croatia has done best in the tourism revenue segment.
Slovenia and Poland have enjoyed the most improvement over the past year, leaping by eight places, while Ukraine has dropped by as many places.
This has been the third year that Croatia has been included in the IMD world competitiveness yearbook.
News Info: News in Business, Tagged: competitiveness, Croatia
Comments are currently closed, but you can Leave A Trackback.
Previous News: Croatia’s Slobodna Dalmacija Daily Journalists Protesting Move from Split »
Next News: Some 40 Croatian Radio Television Journalists Sign Petition against Programming Director »
Latest Croatia News
- Pula and Belgrade To Be Linked by Serbian Jat Airlines during Summer
- Protected Witness Testifies in the Gotovina, Cermak and Markac ICTY Trial
- The Croatian Intelligence Agency Launches Website
- Zagreb Pride March To Be Held for the Seventh Time
- Croatian Football Association Fined €60,000 for Croatian Supporters’ Inappropriate Conduct
- Zagreb: Construction Worker Dead after Metal Tube Falls on His Head
- Eurobarometer: A Third of Croats Believe EU Membership To Be Positive, but a Quarter See it as Bad for Croatia
- Jouyet: Croatia Has Made a Lot of Progress
- Zagreb’s Old Town Closed to Traffic as of July 1
- INA Oil Company Begins Oil Prospecting in Iran
