Sunday, June 15, 2014

15/6/2014: WEF Misses on Another 'Metric'...


WSJ reported on Finland taking the lead in the EU competitiveness gains:


Link here: http://blogs.wsj.com/brussels/2014/06/10/finland-leapfrogs-sweden-in-competitiveness-new-report-says/?mod=e2tw

And here is my reply...


So Finland is one of the worst performers in the EA18 in terms of actual growth outcomes during the crisis and subsequent recovery. And it was followed by Sweden (stronger performer) and the Netherlands (even worse performer than Finland)...

This just confirms simple fact: World Economic Forum is not a very good indicator of anything other than egos of its participants and 'young leaders'... full stop... 
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