The World Economic Forum’s Global Competitiveness Index again ranked the Dominican Republic 105th out of 148 countries
Santo Domingo.- The World Economic Forum’s Global Competitiveness Index again ranked the Dominican Republic 105th among 148 countries, which measures those nation’s level of prosperity.
The report stressed that among the country’s most problematic factors for doing business figure corruption, at 17.7 points, access to financing, with 13.7, inefficient government bureaucracy, 11.9; tax rates, 11.2, and poorly educated workforce, with 10 points.
It ranks favoritism in decisions by government officials at 145, and 143 on reliability in the services of police and trust in politicians.
Among other points, the Global Competitiveness Report 2013-2014 report released Wednesday says despite robust economic growth of the last few years, low productivity still hobbles Latin America.
The report notes a general stagnation on competitiveness in the region, and ranks Chile on top of the classification with 34, ahead of Panama (40), Costa Rica (54) and Mexico (55).
Category: DR News |