Ukraine grew up in global competitiveness rating
Ukraine raised to 59th from 60th in IMD World Competitiveness Yearbook 2017, according to the Institute's web site.
Rating includes 63 countries. Ukraine is 2 places ahead of Mongolia and still 14 places back from Russia.
USA was placed the first in rating for 2018. Hong Kong, ex-leader, became the second. The third was Singapore as in the last year.
Rating of Institutte for Management Development (IMD, Switzerland) is based on countries evaluation of economy, authorities efficiency, business community and infrastructure.
Annual rating of global competitiveness (The IMD World Competitiveness Yearbook) has been conducted by IMD since 1989 jointly with all research organizations all over the world. Each country is evaluated basing on 333 criteria within four basic aspects of economic public life.
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