Egypt in gcr_-09-10 -09092010
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Transcript of Egypt in gcr_-09-10 -09092010
- 1. Egypt in The Global Competitiveness Report 2009-2010
Egypt Rankings
September 2010
Cairo
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2. Introduction
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3. The World Economic Forum (WEF)
The WEF is an independent international organization committed to
improving the state of the world by engaging leaders in
partnerships to shape the global, regional and industry
agendas.
The WEF Forum is impartial and not-for-profit; it is tied to no
political, partisan or national interests. The World Economic Forum
is under the supervision of the Swiss Federal Government,
Established in 1971 with its headquarters in Geneva, Switzerland,
with offices in New York and Beijing.
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4. Global Competitiveness Reports (GCR)
Flagship product: The Global Competitiveness Report:
Launched in 1979 covering 16 countries; it has since
Expanded its coverage to 133 countries.
Editor: Professor Klaus Schwab
1979
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5. Global Competitiveness Reports (GCR)
The GCRs Goal is to provide a benchmarking tool for
policy-makersand business leaders
TheGlobal Competitiveness Reportassesses the ability of countries
to provide high levels of prosperity to their citizens. This in
turn depends on how productively a country uses available
resources. Therefore, the Global Competitiveness Index measures the
set of institutions, policies, and factors that set the sustainable
current and medium-term levels of economic prosperity.
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6. The Global Competitiveness Report(GCR)
Data sources
Use of hard data (publicly available information) and survey data
(from the Executive Opinion Survey)
TheExecutiveOpinion Survey records the perspectives of business
leaders around the world; survey data is indispensable,
particularly for dimensions where no reliable hard data sources
exist
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7. The Global Competitiveness Index (GCI)
Definition:
The Global Competitiveness Index (GCI) is a new, more comprehensive
tool to assess competitiveness of nations.
Developed for the World Economic Forum by Professor Xavier
Sala-i-Martin of Columbia University, the new index extends and
deepens the concepts and ideas underpinning the Growth
Competitiveness Index formerly used by the Forum.
Officially launched in September 2006 as part of The Global
Competitiveness Report 2006-2007, the GCI has now become our main
index of reference.
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8. The Global Competitiveness Index (GCI)
BASIC REQUIREMENTS
The Framework12 Pillars of Competitiveness
Basic Requirements
(4)
EFFICIENCY ENHANCERS
Efficiency Enhancers
(6)
Innovation & Sophistications Factors
(2)
INNOVATION & SOPHISTICATIONS FACTORS
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9. Egypt Ranking in GCRPerformance and trend
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10. The Global Competitiveness Index 2009-2010
Top 20 and selected economies
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11. The Global Competitiveness Index 2009-2010
Qatar leads Middle east & South Africa leads Africa. Egypt
ranked the 10th in Middle East, and the 4th in Africa.
Regional View
Improved than previous Year
Worst than previous Year
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12. Evolution of Egypt Overall Rankings
Egypt ranked the 70th in 2009/2010, up 11 places from
2008/2009.
Although the significant improvement in rankings, the index value
witnessed a slight improvement.
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13. Benchmarking Egypt
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14. Evolution of Egypt Rankings in GCI Pillars
Ranking out 0f 130+ countries
- Best Performance:
15. Market Size 16. Worst Performance: 17. Labor Market
Efficiency 18. Top Improvement: 19. Financial Market Sophistication
20. Deterioration: 21. innovation14
22. Evolution of Egypt Rankings in GCI Pillars
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(Rank movement)
Improvement
Deterioration
23. Macroeconomic stability
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Ranking out 0f 130+ countries
- Egypt continues to struggle with serious challenges related to macroeconomic stability
24. Although improved ranking, inflation continue to beamong the highest rates in the world 25. The deterioration of national saving rate ranking reflectsalso declining gross domestic investment 26. the budget deficit continue to rise and reached 6.8 percent of GDP in 2008.