The Netherlands has climbed back from eighth to fifth place in the latest edition of the World Economic Forum’s Global Competitiveness Report.
The Netherlands was last in fifth place – its highest ever position – three years ago. The annual research covers 140 countries. In the Netherlands, the information was collated by the Inscope research institute at Erasmus University.
The Netherlands thanks its high ranking to its ‘excellent’ education system, efficient infrastructure, reliable government and a continual focus on innovation, the report says.
‘The Netherlands is one of the most advanced and innovative economies in the world with competitive and open markets,’ professor Henk Volberda, who led the research, said in a statement. The quality of its healthcare also has an impact and the quality of government and other official bodies contribute to the good, competitive climate.
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