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Singapore takes second spot in WEF competitiveness ranking

Switzerland on top for seventh consecutive year; many emerging markets fail to improve since financial crisis

Published Wed, Sep 30, 2015 · 09:50 PM

Geneva

SWITZERLAND topped the World Economic Forum's (WEF) competitiveness ranking for a seventh consecutive year, with Singapore and the United States second and third.

"Nurturing innovation and talent" has kept those three nations on top, according to a report on 140 countries published on Wednesday by the Geneva-based WEF. "In many countries, too few people have access to high-quality education and training, and labour markets are not flexible enough."