COMPETITIVENESS OF NATIONS 3, THE: Emerging Technologies in the Fourth Industrial Revolution

In the existing reports on national competitiveness and rankings such as IMD World Competitiveness Yearbook and WEF Global Competitiveness Report, there are sizable discrepancies in the ranking order for the same countries. As a result, the reader is often confused because such an outcome creates difficulties for government officials when translating these findings into real-world policies.

These discrepancies are actually due to the differences in logic and analytical models used by IMD and...