World’s Most Competitive Economies: Canada, U.S. Slip In Rankings

GENEVA ― The U.S. and Canada are less competitive than they were a year ago and the global economy remains hobbled by low productivity despite a decade of cheap money from central banks, the World Economic Forum said Wednesday. In its latest assessment of the factors behind productivity and long-term economic growth, the organization best-known for its annual gathering of the elites in the Swiss ski resort of Davos found Singapore overtaking the…
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