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PRESS RELEASE – CDI

PRESS RELEASE – CDI

September 26, 2017: The World Economic Forum (WEF), today the Global Competitiveness Report 2017-2018 that assesses the factors that drive productivity and growth in 137 countries.

The first preferred positions for: Switzerland (1) that remains in first place in the United States (2) that climbs one position, showing constant improvements since 2010. Then Singapore (3), Holland (4), Germany (5) are located ), Hong Kong (6), Sweden (7), United Kingdom (8), Japan (9) and Finland (10). More detail in Annexes 1 and 2.

PERU

Our country is ranked 72, which represents a decline of 5 positions compared to last year’s report and 11 positions compared to the position 61 that occupied the year 2013.

We have improvements in 4 of the 12 pillars: Infrastructure (89 to 86), Health and basic education (98 to 93), Technological preparation (88 to 86) and Innovation (119 to 113) (Annex 3).

The setbacks in our country correspond to the pillars: Institutions (106 to 116), Macroeconomic Environment (33 to 37), Higher education and training (80 to 81), Efficiency of the goods market (65 to 75), Labor market efficiency (61 to 64), Financial market development (26 to 35) and Business sophistication (78 to 80).

This year we have 5 countries that were behind us in the ranking: Hungary, Cyprus, Iran, Jamaica and Morocco. (Annex 4).

In Latin America and the Caribbean, this year they are located in Peru: Chile (33), Costa Rica (47), Panama (50), Mexico (51), Colombia (66) and Jamaica (70).

Behind us are:

Uruguay (76), Brazil (80), Trinidad and Tobago (83), Guatemala (84), Argentina (92), Nicaragua (93), Honduras (96), Ecuador (97), Dominican Republic (104 ), El Salvador (109), Paraguay (112), Venezuela (127) and Haiti (128) (Annex 5).

The Report of the year is also a fall of Peru in Score (Score): 4.22. Last year the score was 4.23 and the year 2012 4.28. See Annex 6.

The WEF competitiveness model considers that countries go through 3 phases of development with 2 transition phases. First Phase: Economy based on basic production factors. Second phase: Economy based on efficiency. Third Phase: Economy based on Innovation (Annex 7).

The Profile and the detailed information of our country are included as Annex 8.

Among the most problematic factors to do business in Peru, he highlighted this year: Corruption, Government Bureaucracy, Taxes, Inadequate Infrastructure, Restrictive Labor Regulations, Insecurity, among others.

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