Page 10 - ING-Romania regaining strength
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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