Reported 10 months ago
On June 19, 2024, the IMD World Competitiveness Yearbook was released by the Swiss Lausanne Management Institute, revealing Taiwan dropped two spots to rank 8 overall. The evaluation focuses on economic performance, government efficiency, corporate effectiveness, and infrastructure. Taiwan's economic performance fell from 20 to 26, with tourism revenue ranking 65 out of 67 countries evaluated. Experts expressed concern over Taiwan's tourism performance, impacting domestic service industry wages. While several indicators declined, Taiwan excelled in corporate effectiveness, ranking first globally in trusting business managers and entrepreneurial spirit.
Source: YAHOO