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What makes for “Global Competitiveness”?

Top Countries in Global Competitiveness: article, slideshow

An observation – a number of the small countries with outsize rankings are noted as having high taxes. So high taxes need not harm – and when the tax revenues are used effectively, may benefit – competitiveness (at least as measured by this group).

On a more speculative note, Britain is noted for “sophisticated financial markets”, and also as no longer in the top ten … and falling. Is there a correlation?

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