News

News

The Netherlands enters top five of world’s most competitive economies

Wednesday, 05 September 2012

Each year, the World Economic Forum (WEF) publishes a report on the competitive strength of countries.

The Netherlands enters top five of world’s most competitive economies

Each year, the World Economic Forum (WEF) publishes a report on the competitive strength of countries. INSCOPE: Research for Innovation – the leading institute led by Professor Henk Volberda of Rotterdam School of Management, Erasmus University (RSM) – is a partner organisation to WEF and has collected the data for the Netherlands. For the first time in a long period, the Dutch are holding the No. 5 spot.

The report concludes that:

  • The policies of the Dutch caretaker government are successful: the Netherlands is now among the top five on the global competitiveness ranking.
    The Netherlands (No. 5) is one of the world´s most competitive countries, together with Switzerland (No. 1), Singapore (No. 2), Finland (No. 3) and Sweden (No. 4). These top-ranked nations have developed a competitiveness and innovation agenda for the long haul.
  • Southern European economies are showing weakening competiveness.
    In contrast to the successful northern European economies, southern European countries have continued to slip down the global competitiveness ranking. The weak competitive strength of Spain (No. 36), Italy (No. 42), Portugal (No. 49) and Greece (No. 96) is creating rising unemployment and putting pressure on the euro.
  • Dutch innovation policy is bearing fruit.
    The Netherlands has once again made progress in the areas of innovation (No. 9) and attractive business-operating environment (No. 4). The Netherlands is a desirable location for companies and investors thanks to its strong knowledge clusters, excellent international distribution networks and leading-edge suppliers.
  • An excellent educational system and efficiently working markets form the basis for a knowledge economy.
    The Dutch educational system scores very well for both primary education (No 5.) and secondary/higher education (No. 6). That forms the foundation for the Dutch knowledge economy. Educational excellence and well-functioning markets (No. 6) allow the Dutch to successfully compete on a global stage using their knowledge-intensive products and services.
  • The Netherlands has world-class infrastructure.
    The country’s first-rate port facilities (No. 1), air hubs (No. 4) and extensive rail network (No. 9) make the Netherlands an attractive place for companies and investors.
  • Stable macroeconomic environment.
    Despite a budget deficit of 5.0 % of GDP, the Netherlands offers a macroeconomic environment that is more stable than that of other European countries.

The full report is available here

Rotterdam School of Management, Erasmus University is consistently ranked amongst the top 10 business schools in Europe. It is located in the international port city of Rotterdam where core Dutch values of openness, flexibility and acceptance of diversity have attracted businesses on a global scale. Our emphasis is on groundbreaking research and practices relevant to business; our primary focus is on developing business leaders who carry their innovative ideas into a sustainable future. Our portfolio includes a broad array of bachelor, master, doctoral, MBA and executive education programmes. www.rsm.nl

For more information on RSM or on this release, please contact Marianne Schouten, Media & Public Relations Manager for RSM, on +31 10 408 2877 or by email at mschouten@rsm.nl.