IMD World Competitiveness Center rankings, which started in 1989, assess 63 economies on 235 indicators. The gauges include hard data such as unemployment, economic growth and government spending on health and education, as well as soft data from a survey of international business executives on topics such as social cohesion, globalization, and corruption. The economies were judged in four categories: economic performance, infrastructure, government efficiency and business efficiency. Singapore has taken the top spot.
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