We found that most country competitiveness rankings such as the World Economic Forum’s Global Competitiveness Report are methodologically flawed, ideologically biased, dismissive of environmental and social performance, and hence grossly misleading.
When these problems are corrected, the US, the UK and to a lesser extent Canada, rank much lower on country competitiveness and the high performers are predominantly north-European. We attribute neoliberal thinking to the differences between high-performing and low-performing western countries.
Based on the evidence, we conclude that policy makers and practitioners seeking guidance on how to improve their country’s economic, environmental and social performance should be looking to the high-performing north-European social-market economies.
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Harald Bergsteiner, Gayle C. Avery, 2018
Misleading Country Rankings Perpetuate Destructive Business Practices
Journal of Business Ethics
Open Access: https://doi.org/10.1007/s10551-018-3805-6