Reported 8 months ago
The IMD World Competitiveness Yearbook for 2024 has been released, with Taiwan ranking 8th out of 67 evaluated countries, surpassing the United States, China, Japan, and South Korea. Taiwan excels in enterprise efficiency, government effectiveness, infrastructure, but faces challenges in economic performance due to global inflation and interest rate conditions impacting domestic manufacturing and export demand. Despite economic challenges, Taiwan has made progress in attracting international investment and employment, emphasizing the need for economic diversification, risk management, infrastructure improvement, and talent policies to maintain its global competitiveness.
Source: YAHOO