Which organization publishes the World Competitiveness Ranking?
Show answer & explanation
Correct answer: C
Explanation
Answer: IMD
Explanation:
The 'World Competitiveness Ranking' is published by the International Institute for Management Development (IMD). This institute is based in Switzerland. This ranking evaluates countries based on the performance of their economies, government efficiency, business efficiency, and infrastructure. Published since 1989, this report is considered a crucial benchmark for investment and economic policies at the global level. In the 2023 rankings, India secured the 40th position.
Additional Points:
World Economic Forum (WEF): It releases the 'Global Gender Gap Report' and the 'Network Readiness Index' (Note: The WEF previously released the Global Competitiveness Report, but the IMD's ranking is distinct).
World Bank: It releases the 'Ease of Doing Business' (now discontinued) and the 'World Development Report'.
IMF: It releases the 'World Economic Outlook'.
Potential Exam Questions and Answers:
Question: Who releases the 'Human Development Index' (HDI)?
Answer: UNDP (United Nations Development Programme).
Question: Which organization releases the 'World Press Freedom Index'?
Answer: Reporters Without Borders.