Serbia loses 3 places to 96th position in WEF Global Competitiveness Report.

By bne IntelliNews September 10, 2010
Serbia dropped 3 places to 96th position among 139 countries in The Global Competitiveness Report 2010-2011 released by the World Economic Forum. Corruption, inefficient government bureaucracy and policy instability were stated as the most problematic factors for doing business. The former Yugoslav republics that were better positioned in the global competitiveness list were Slovenia (45th), followed by Montenegro which made a major improvement by 13 positions since the last report and now ranks 49th. Croatia fell five places to 77th position, while Macedonia improved by five places to 79th position. Bosnia and Herzegovina had the worst rankings among former Yugoslavian states - 109th, although it has improved by seven places since last year.

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