Switzerland has retained its crown as the world’s most competitive economy for the sixth year in a row, according to a ranking by a leading think-tank.
Western economies continue to dominate the annual list of the most competitive economies drafted by the World Economic Forum, with six European countries ranked inside the top 10.
But rankings within the eurozoneremain very un-even, with the WEF arguing that “while the divide between a highly competitive north and a lagging south and east persists, a new outlook on the European competitiveness divide between countries implementing reforms and those that are not can now also be observed.”