Global Competitiveness Report - Variables

Variables

1. Institutions

A. Public institutions

1. Property rights

1.01 Property rights

2. Ethics and corruption

1.02 Diversion of publics funds

1.03 Public trust of politicians

3. Undue influence

1.04

2. Accountability

1.13 Efficacy of corporate boards

1.14 Protection of minority shareholders’ interests

1.15 Strength of auditing and accounting standards

2. Infrastructure

2.01 Overall infrastructure quality

2.02 Railroad infrastructure development

2.03 Quality of port infrastructure

2.04 Quality of air transport infrastructure

2.05 Quality of electricity supply

2.06 Telephone lines (hard data)

3. Macroeconomy

3.01 Government surplus/deficit (hard data)

3.02 National savings rate (hard data)

3.03 Inflation (hard data)

3.04 Interest rate spread (hard data)

3.05 Government debt (hard data)

3.06 Real effective exchange rate (hard data)

4. Health and primary education

A. Health

4.01 Medium-term business impact of malaria

4.02 Medium-term business impact of tuberculosis

4.03 Medium-term business impact of HIV/AIDS

4.04 Infant mortality (hard data)

4.05 Life expectancy (hard data)

4.06 Tuberculosis prevalence (hard data)

4.07 Malaria prevalence (hard data)

4.08 HIV prevalence (hard data)

B. Primary education

4.09 Primary enrolment (hard data)

5. Higher education and training

A. Quantity of education

5.01 Secondary enrolment ratio (hard data)

5.02 Tertiary enrolment ratio (hard data)

B. Quality of education

5.03 Quality of the educational system

5.04 Quality of math and science education

5.05 Quality of management schools

C. On-the-job training

5.06 Local availability of specialized research and training services

5.07 Extent of staff training

6. Market efficiency

A. Good markets: Distortions, competition, and size

1. Distortions

6.01 Agricultural policy costs

6.02 Efficiency of legal framework

6.03 Extent and effect of taxation

6.04 Number of procedures required to start a business (hard data)

6.05 Time required to start a business (hard data)

2. Competition

6.06 Intensity of local competition

6.07 Effectiveness of antitrust policy

6.08 Imports (hard data)

6.09 Prevalence of trade barriers

6.10 Foreign ownership restrictions

3. Size

0.00 GDP – exports + imports (hard data)

6.11 Exports (hard data)

B. Labor markets: Flexibility and efficiency

1. Flexibility

6.12 Hiring and firing practices

6.13 Flexibility of wage determination

6.14 Cooperation in labor-employer relations

2. Efficiency

6.15 Reliance on professional management

6.16 Pay and productivity

6.17 Brain drain

6.18 Private sector employment of women

C. Financial markets: Sophistication and openness

6.19 Financial market sophistication

6.20 Ease of access to loans

6.21 Venture capital availability

6.22 Soundness of banks

6.23 Local equity market access

7. Technological readiness

7.01 Technological readiness

7.02 Firm-level technology absorption

7.03 Laws relating to ICT

7.04 FDI and technology transfer

7.05 Cellular telephones (hard data)

7.06 Internet users (hard data)

7.07 Personal computers (hard data)

8. Business sophistication

A. Networks and supporting industries

8.01 Local supplier quantity

8.02 Local supplier quality

B. Sophistication of firms’ operations and strategy

8.03 Production process sophistication

8.04 Extent of marketing

8.05 Control of international distribution

8.06 Willingness to delegate authority

8.07 Nature of competitive advantage

8.08 Value-chain presence

9. Innovation

9.01 Quality of scientific research institutions

9.02 Company spending on research and development

9.03 University/industry research collaboration

9.04 Government procurement of advanced technology products

9.05 Availability of scientists and engineers

9.06 Utility patents (hard data)

9.07 Intellectual property protection

9.08 Capacity for innovation