Uk competitiveness reflections

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Two graphics analysing World Economic Forum Global Competitiveness Index 2012/13 key messages for the UK

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Uk competitiveness reflections

  1. 1. The burden of government regulation onbusinesses has started to ease in the UKUK score on indicator “Burden of Government regulation*”1 = Extremely burdensome; 7 = Not burdensome at allSource:WEFGlobalCompetitivenessReport,2012-13(ExecutiveOpinionSurvey);*“Howburdensomeisitforbusinessesinyourcountrytocomplywithgovernmentaladministrativerequirements(e.g.,permits,regulations,reporting)?”;Note:Thebestrankingcountry(Singapore)scores5.57onthismetricBetterWorse
  2. 2. But there are still a number of areas forcontinuing to improve UK competitivenessUK ranking (“relative”) and scores (“absolute”) on competitiveness indicators 2012/13Source:WEFGlobalCompetitivenessReport,2012-13WorseBetterKey concerns

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