Ukraine has declined in competitiveness ranking

Ukraine dropped from 72 th to 82 th place in the ranking of competitiveness calculated by the World Economic Forum, said in a global survey of competitiveness for 2009-2010. posted on the site of the organization.

According to the authors of the report, Ukraine in the short term, will face serious challenges because of the sharp fall in export demand, devaluation and destruction of the financial system. The economy needs to be reformed in such areas as institutional environment (for this indicator, the country ranks 120 th out of 133), strengthening of financial markets (106 th out of 133), increasing the efficiency of commodity markets (109 th out of 133).

According to the survey, Russia in competitiveness ranking dropped from 51 th to 63 th place. The main concern with regard to Russia continue to cause inefficiency of state power (110-th out of 133), low level of independence of the judiciary (116 th), weak implementation of the rights of property (119 th). However, the shortcomings noted not only in the public system, but also in the private sector: Russia's companies, according to experts WEF, have low levels of corporate ethics (110 th). Economic development is also hampered by the poor effectiveness of product and financial markets.

Among the main factors hindering the development of business in Russia, the participants in the WEF survey identified corruption, poor access to financing, inefficient state apparatus and the tax system, high crime rates and inflation.

most competitive country in the world has become Switzerland, ahead of this indicator, the U.S., which dropped to 2 nd place because of weakening of financial markets and macroeconomic stability. The five leaders also include Singapore, Sweden and Denmark.

In the first ten are still dominated by European countries, there were Finland (6), Germany (7) and the Netherlands (10). Japan (8) and Canada (9) improved their positions compared to last year at one place. Rating the UK continues to fall - this year she got unlucky 13th place.

first among the major developing countries and 29 th overall, China is risen in one line. India (49) and Brazil (56) also improved their performance. Russia - the only one of the BRIC countries, whose competitiveness has deteriorated over the past year.

In post-Soviet leader, as in the previous two years, is Estonia, which occupies 35 th position. In the upper half of the ranking, in addition to Russia, proved Azerbaijan (51), Lithuania (53), Kazakhstan (67) and Latvia (68). As in the past year, closes the list of Tajikistan (122) and Kyrgyzstan (123).

His position worsened during the year all the Baltic countries and most CIS states except Azerbaijan jumped 18 lines rated up to Armenia and Georgia, have retained their seats - 90 th and 97 th respectively. The high interdependence of world economies has made the economic crisis is truly global in every sense - said the founder and head of the WEF, Klaus Schwab.

WEF competitiveness index calculated for 2009-2010. for 133 countries. A year earlier, there were 134, but this year there were no reliable data on Moldova.

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