Page 10 - ING-Romania regaining strength
P. 10

Room for improvement of competitiveness

                              Global Competitiveness Ranking

                                             (low ranking = best)

90

80

70

60

50

40

30

20

10

0                             2013/14                              2014/15  2015/16
                  2012/13

    Pillar                        Plus Minus

      2 Infrastructure            railroad                                  roads
      5 Higher education          math education                            education system

      6 Goods market efficiency   no procedure for start ups                prevalence foreign ownership
      7 Labour market efficiency  low redundancy costs                      capacity to retain talent
      9 Technological readiness   Internet access                           low absorption by firms
     11 Business sophisitcation                                             number of local suppliers
                                  scientist,
     12 Innovation                engineers                                 company spending R&D

Source: World Economic Forum

                                                                                              9
   5   6   7   8   9   10   11   12   13   14   15