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Internet and the use of data for
International Affairs | | |
 Description of Indicator
The
World Competiveness Yearbook
(WCY) is a research analyzing and ranking the ability of a nation to provide an environment
that sustains the domestic and global competiveness of the firms operating in their borders. It is made
yearly by the
International
Institute for Management Development
and it covers 47 economies using 290 criteria. All 29 OECD countries are in the Yearbook
along with 18 other emerging countries tought as important in the world economy. The WCY was published
in 1987 for the first
time and it uses two types of data to measure quantifiable and qualitative information separately:
HARD DATA: statistical indicators acquired from international and regional organizations,
private institutions an national
institutes. 139 so called "hard criteria" are used to determine the overall rankings, while
41 are background information anda are
not used in the rankings calculations.
SURVEY DATA: A 110 item questionnaire is sent to top and middle executives in each of the
country analyzied, asking to
evaluate the present and expected competiveness conditions in the country. For the year 2000 survey
the panel was composed of
3263 executives. Respondents ranks only the country in which they work.
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