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 2010-2011 Global Competitiveness Report was launched by the World Economic Forum few days ago.  The overall ranking showed some changes such as the U.S. going down two places, while Japan up by two.  Switzerland took No. 1 position, followed by Sweden and Singapore, No. 2 and No. 3 respectively.  

  We (ICS, in collaboration with Keizai Doyukai) have been involved with the Executive Opinion Survey, one of the inputs to the GCR, over the past several years.  I was, as a matter of fact, one of the panelists on Competitiveness last year in Dalian, China, during the Annual Meeting of New Champions when the Competitive ranking was announced.

   The fact that Japan went up two places this year may not feel quite right, considering the recent economic and political conditions.  The reason it went up two places is because the ranking is relative.  The situation in other countries has worsened while that of Japan stayed the same (according to Jennifer Blanke of the World Economic Forum.)   

  The fact remains that the items related to government and public sector in Japan raise many problems and issues, while those for the private sector show strength. I wonder how much these items reflect the present and the future, as I get an impression that the items seem to indicate the status a while ago.

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