WINNING: Another Trump Promise Kept As America Regains Economic Standing Lost Under The Obama Years, Crowned World’s Most ‘Competitive Economy’

by Geoffrey Grider


After a decade long absence, the U.S. has regained the distinction of most competitive economy in the world, according to the World Economic Forum. In fact, only Japan made a bigger improvement of all 140 countries in the survey.

Under President Donald J. Trump, the United States economy has regained the crown as the most vibrant and competitive economy found anywhere in the world today. The US had been noticeably absent from this global powerhouse ranking during the entire 8 years of the Obama presidency.

The US topped the rankings, being ‘closest to the competitiveness frontier’, with Singapore, Germany, Switzerland and Japan, completing the top five. At the other end of the scale, Haiti, Yemen and Chad were found to be the least competitive economies.

Competitiveness is not only associated with higher incomes, but also better socioeconomic outcomes, including life satisfaction.

“Those new drivers include adaptability and agility of all stakeholders, including the governments. To what extent are they able to embrace change and adapt to change and upgrade their economies?”

The US scored 85.6 out of 100 to top the index, coming in the top three for seven of the 12 pillars. Its entrepreneurial culture saw it score highly in the business dynamism pillar. It also scored highly for its labour market and financial system. READ MORE


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