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The Global Competitiveness Index in detail
The Global Competitiveness Report 2012–2013 | 351
2.1: Country/Economy Profiles
INDICATOR VALUE RANK/144
6th pillar: Goods market efficiency
6.01 Intensity of local competition ..................................5.7 ............16
6.02 Extent of market dominance ..................................4.4 ............30
6.03 Effectiveness of anti-monopoly policy .....................4.7 ............31
6.04 Extent and effect of taxation ...................................3.0 ..........117
6.05 Total tax rate, % profits* .......................................41.1 ............81
6.06 No. procedures to start a business* ..........................6 ............47
6.07 No. days to start a business* ....................................6 ............16
6.08 Agricultural policy costs.......................................... 4.1 ............53
6.09 Prevalence of trade barriers ...................................4.0 ............98
6.10 Trade tariffs, % duty* ..............................................5.1 ............69
6.11 Prevalence of foreign ownership .............................4.2 ..........101
6.12 Business impact of rules on FDI .............................4.8 ............54
6.13 Burden of customs procedures ..............................3.6 ............96
6.14 Imports as a percentage of GDP* ........................33.5 ..........105
6.15 Degree of customer orientation ..............................5.4 ............22
6.16 Buyer sophistication ...............................................3.3 ............84
7th pillar: Labor market efficiency
7.01 Cooperation in labor-employer relations .................4.0 ..........104
7.02 Flexibility of wage determination .............................5.4 ............35
7.03 Hiring and firing practices .......................................4.3 ............44
7.04 Redundancy costs, weeks of salary* .......................30 ..........125
7.05 Pay and productivity ...............................................4.2 ............49
7.06 Reliance on professional management ...................4.3 ............62
7.07 Brain drain .................................................. ...........3.4 ............75
7.08 Women in labor force, ratio to men* .....................0.40 ..........131
8th pillar: Financial market development
8.01 Availability of financial services ...............................5.4 ............29
8.02 Affordability of financial services .............................5.1 ............27
8.03 Financing through local equity market ....................4.3 ............32
8.04 Ease of access to loans .........................................3.0 ............62
8.05 Venture capital availability .......................................2.5 ............73
8.06 Soundness of banks ..............................................6.0 ............22
8.07 Regulation of securities exchanges ........................5.2 ............25
8.08 Legal rights index, 0–10 (best)* .................................4 ............99
9th pillar: Technological readiness
9.01 Availability of latest technologies ............................5.4 ............45
9.02 Firm-level technology absorption ............................5.3 ............39
9.03 FDI and technology transfer ...................................4.7 ............65
9.04 Individuals using Internet, %* ...............................42.1 ............69
9.05 Broadband Internet subscriptions/100 pop.* ........10.3 ............57
9.06 Int’l Internet bandwidth, kb/s per user* ................33.9 ............41
9.07 Mobile broadband subscriptions/100 pop.*............ 8.8 ............73
10th pillar: Market size
10.01 Domestic market size index, 1–7 (best)* .................5.2 ............15
10.02 Foreign market size index, 1–7 (best)* ....................5.4 ............28
11th pillar: Business sophistication
11.01 Local supplier quantity ...........................................5.1 ............35
11.02 Local supplier quality ..............................................4.7 ............56
11.03 State of cluster development ..................................4.1 ............43
11.04 Nature of competitive advantage ............................3.2 ............86
11.05 Value chain breadth ................................................4. 1 ............35
11.06 Control of international distribution .........................4.6 ............24
11.07 Production process sophistication ..........................4.4 ............38
11.08 Extent of marketing ................................................4. 7 ............35
11.09 Willingness to delegate authority ............................3.3 ............97
12th pillar: Innovation
12.01 Capacity for innovation ...........................................3.4 ............48
12.02 Quality of scientific research institutions .................3.4 ............88
12.03 Company spending on R&D ...................................3.2 ............56
12.04 University-industry collaboration in R&D .................3.6 ............70
12.05 Gov’t procurement of advanced tech products ......4.0 ............32
12.06 Availability of scientists and engineers ....................4.5 ............41
12.07 PCT patents, applications/million pop.* ..................5.8 ............42
INDICATOR VALUE RANK/144
1st pillar: Institutions
1.01 Property rights .................................................. .....4.5 ............57
1.02 Intellectual property protection ...............................3.3 ............86
1.03 Diversion of public funds ........................................3.6 ............55
1.04 Public trust in politicians .........................................3.4 ............43
1.05 Irregular payments and bribes ................................4.3 ............59
1.06 Judicial independence ............................................3.5 ............83
1.07 Favoritism in decisions of government officials .......3.0 ............66
1.08 Wastefulness of government spending ...................3.8 ............33
1.09 Burden of government regulation ...........................3.3 ............80
1.10 Efficiency of legal framework in settling disputes ....3.8 ............61
1.11 Efficiency of legal framework in challenging regs. ...3.9 ............56
1.12 Transparency of government policymaking .............4.7 ............40
1.13 Gov’t services for improved business performance 4.5 ............19
1.14 Business costs of terrorism ....................................4.2 ..........130
1.15 Business costs of crime and violence..................... 4.8 ............76
1.16 Organized crime .................................................. ...4.6 ..........102
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