Watch Jennifer Blanke, Senior Director and Lead Economist at the World Economic Forum on the recent findings of the Global Competitiveness Report 2011 – 2012.

“Sweden, Finland, Denmark, Germany, and the Netherlands continue to confirm their place among the most competitive economies. Singapore continues its upward trend to become the second-most competitive economy in the world, overtaking Sweden, while the United Kingdom returns to the top 10 as it recovers from the crisis.

This year’s report findings show that Switzerland tops the overall rankings. Japan remains the second-ranked Asian economy at 9th place, despite falling three places since last year.

The Global Competitiveness Report 2011-2012, comes out amid multiple challenges to the global economy and a continuing shift in the balance of economic activity away from advanced economies and toward emerging markets. Policymakers are struggling to find ways to manage the present economic challenges while preparing their economies to perform well in an increasingly complex global landscape and the report offers a unique tool in addressing some key issues.”

According to a folow-up report of YLE news, Finland ranks third in global ICT study.

“The WEF report lavishes praise for Finland, noting that its skilled population and pervasive technology placed it near the top of the table. Over 80 percent of households in Finland own a PC and are connected to the internet.”

Download the Global Competitiveness Report 2011-2012 in pdf.