Pakistan : Terrorist Wahabi Islamic Rep Pakistan 6

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[url="http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/the-newspaper/business/competitiveness-wef-downgrades-pakistan-to-123rd-090"]WEF downgrades Pakistan to 123rd[/url]

ISLAMABAD: The World Economic Forum has downgraded Pakistan’s global competitiveness ranking from 101 to 123rd place among 139 nations for the year 2010-2011.

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The United States falls two places to fourth position, overtaken by Sweden (2nd) and Singapore (3rd). The Nordic countries continue to be well positioned in the ranking, with Sweden, Finland (7th) and Denmark (9th) among the top 10, and with Norway at 14th. The United Kingdom, after falling in the rankings over recent years, moves back up by one place to 12th position.



According to the report, China continues to lead the way among large developing economies, improving by two places this year and joining the top 30. India dropped two places and is now at 51st; Bangladesh is at 107th from 106th but showing stability. Sri Lanka showed a remarkable improvement of 17 places and is now ranked 62nd