Skip to main content

America`s biggest competitor isn`t China

If you ask Americans who their country`s biggest competitor is, many people will tell you China. In a 2012 poll, two-thirds of Americans said they saw China as a competitor of the US, rather than a partner or an enemy. It`s clear why Americans think this. Turn on the TV, and it`s not hard to find a politician or pundit talking about America`s failure to deal with the China challenge Donald Trump in particular. But is China really the competitive threat that Trump and others claim? A new comprehensive report from the World Economic Forum that looks at the competitiveness of 140 countries shows this is actually far from the truth. What`s more, America`s biggest competitors are countries that Americans are not really worrying about. The report defines competitiveness as a set of institutions, policies and factors that determine how productive an economy is basically, the raw materials necessary to ensure a country can grow and improve the lives of its people, from good schools and hospitals to stable banks and support for innovation. By these measures, the US economy looks very good. The report ranks the US third in global competitiveness, behind Switzerland and Singapore. Next is Germany, the Netherlands, Japan, Hong Kong, Finland, Sweden, the UK and then Canada. China is way down the list at 28th, behind Qatar, Saudi Arabia, Malaysia and others. So who is America`s biggest competitor, really? Judging from the report, the best candidate might be Germany, which climbe d one position last year to rank 4th. Germany has sophisticated and innovative businesses and a highly trained and skilled labour force that can really compete with American companies and workers. The other thing that people might find surprising is just how well the US ranks in this report. Despite Trump`s exhortations to `Make American great again, the country still looks pretty good, at least compared to other places in the world.
America`s biggest competitor isn`t China epaper.dawn.com
By arrangement with Washington Post-Bloomberg News Service

Popular posts from this blog

A historic moment in the Arab world

لحظة تاريخية في العالم العربي
As a democratic revolution led by tech-empowered young people sweeps the Arab world, Wadah Khanfar, Al Jazeera's director-general, shares a profoundly optimistic view of what's happening in Egypt, Tunisia, Libya and beyond. In the first talk posted online from the TED 2011 conference in California, Khanfar describes the powerful moment when people realised they could step out of their homes and ask for change. "كما ثورة ديمقراطية بقيادة الشباب التكنولوجيا ذات صلاحيات تجتاح العالم العربي ، وضاح خنفر ، الجزيرة المدير العام والأسهم وجهة نظر متفائلة بشكل كبير ما يحدث في مصر وتونس وليبيا وخارجها. وفي اول حديث له نشر على الانترنت من مؤتمر تيد 2011 في ولاية كاليفورنيا ، خنفر يصف لحظة قوية عند الناس أدركت أنها لا يمكن الخروج من منازلهم ونطلب من أجل التغيير."
http://www.ted.com/talks/wadah_khanfar_a_historic_moment_in_the_arab_world.html This talk was given on March 1, 2011 in Long Beach, California. TED 2011 is taking place between March 1 and Mar…

Our Captured, Wounded Hearts: Arundhati Roy On Balakot, Kashmir And India

With his reckless “pre-emptive” airstrike on Balakot in Pakistan, Prime Minister Narendra Modi has inadvertently undone what previous Indian governments almost miraculously, succeeded in doing for decades. Since 1947 the Indian Government has bristled at any suggestion that the conflict in Kashmir could be resolved by international arbitration, insisting that it is an “internal matter.” By goading Pakistan into a counter-strike, and so making India and Pakistan the only two nuclear powers in history to have bombed each other, Modi has internationalised the Kashmir dispute. He has demonstrated to the world that Kashmir is potentially the most dangerous place on earth, the flash-point for nuclear war. Every person, country, and organisation that worries about the prospect of nuclear war has the right to intervene and do everything in its power to prevent it.  Keep reading  >>>>


India has built around itself an aura of a global power whose time has come. For at least the last t…

Kashmir Jihad - Analysis & Options

PDF: http://bit.ly/2k0Vqpm

Kashmir is an incomplete agenda of partition of India. Since 1947, India and Pakistan have fought three wars on this issue. According to UN resolutions, Kashmiris have to decide their accession to Pakistan or India through impartial plebiscite, which could not take place due to Indian reluctance. Recently, India revoked Article 370 of the Constitution, which granted special autonomous status to Kashmir, it was done to unilaterally integrate occupied Kashmir. This is a violation of the UN resolutions and the Simla bilateral agreement, which demands to maintain status quo until the final settlement. The US and world powers are emphasizing that Kashmir should be resolved bilaterally, though India has refused to hold talks with Pakistan. In the present scenario, while India has turned Kashmir into the largest prison of 9 million people, denying basic human rights and oppressing the Kashmiris' who want freedom from India, Pakistan cannot watch as a silent spec…