The Economist recently published an article in which it summarised a report on the proficiency of the English language around the world by EF Education First Limited (EF). The study was
Global Competitiveness Index 2011-2012
The latest edition of the Global Competitiveness Index (GCI) 2011-2012 published by the WEF (World Economic Forum), makes very interesting reading. It is published at a time when the global economic recovery, which seemed to be on course at the start of the year, has now become somewhat uncertain as growth figures are adjusted downwards in the face of political wrangling over the levels of public debt in the USA and Europe. The WEF cautions that those countries
struggling with their debt burden must complement their efforts by making “competitiveness enhancing reforms” that will improve the potential for growth in the medium to long term.
We hope you all had a good summer break and would like to offer you our next Newsletter.
In this edition you will find completely different subjects. First all, we have found out from personal experience that the level of English proficiency in a country helps companies decide where to locate their first European subsidiary.
Our second article gives a very high level overview of the latest Global Competitiveness Index, where again, Western Europe scores very high with seven European countries in the top ten. You will find a link to the full report in the article. Enjoy your read!