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German-Chinese Bureau of Economic Research (GCB) | The Global Competitiveness Report 2016–2017

Publisher: World Economic Forum

Publication Date: 06/2016

Pages: 400

Categories: Macroeconomics

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“The Global Competitiveness Report 2016–2017 is being launched at a time of rising income inequality, mounting social and political tensions, and a general feeling of uncertainty about the future. Growth remains persistently low: commodity prices have fallen, as has trade; external imbalances are increasing; and government finances are stressed. However, it also comes during one of the most prosperous and peaceful times in recorded history, with less disease, poverty, and violent conflict than ever before. Against this backdrop of seeming contradictions, the Fourth Industrial Revolution brings both unprecedented opportunity and an accelerated speed of change.”

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