Original article by Tom McIlroy
The Australian Financial Review – Page: 5 : 21-Jun-23

Australia has ranked 19th out of 64 countries in the latest edition of the World Competitiveness Yearbook report, which is compiled by the International Institute for Management Development. Australia ranks third on life expectancy and health coverage, but it is now in 62nd place in terms of entrepreneurship and 46th with regard to productivity. World Competitiveness Centre director Arturo Bris contends that while resources-rich countries such as Australia tend to be more productive, they can learn a lot from countries such as Switzerland and Singapore, which lack natural resources but have built highly productive economic models.

CORPORATES
INTERNATIONAL INSTITUTE FOR MANAGEMENT DEVELOPMENT, WORLD COMPETITIVE CENTRE