The document discusses international competitiveness and rankings of countries. It shows that Switzerland, Singapore, and Finland ranked as the top three most competitive countries in 2014. The UK ranked 9th overall. Competitiveness is measured using indicators like institutions, infrastructure, education, innovation, and labor market efficiency. Analysis explores factors affecting external competitiveness like costs, quality, and policies that can improve competitiveness through investing in education, infrastructure, entrepreneurship, and maintaining macroeconomic stability.