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In 2012, Australia slipped six places to 15 in world competitiveness rankings with significant drops in the labour market and international trade competitiveness rankings. Released May 2012.
Key factors in Australia's poor ranking for labour market competitiveness included the high Australian dollar, skills shortages and the re-emergence of industrial relations as a key national issue, with a number of high profile disputes.
The World Competitiveness Yearbook survey has over 300 individual criteria rankings grouped into four competitiveness factors:
2012 World Competitiveness Yearbook is produced by the Switzerland based IMD World Competitiveness Center with the help of CEDA in Australia and other international partners.
The IMD World Competitiveness Yearbook compares and ranks 59 countries on business competiveness criteria and is the world's most renowned and comprehensive annual report on the competitiveness of nations.
Australia's international competitiveness ranking rebounds from 12 to seven in the 2008 survey.
Read more International affairs May 29, 2016Australia has dropped out of the top 20 most competitive nations, falling to 21 according to the 2017 World Competitiveness survey results. However, it has fared better in a special digital competitiveness ranking coming in at 15.
Read more International affairs October 30, 2009This big-picture CEDA research collection looks at Australia's place in the globalising world economy of the early 21st century. One key conclusion: distance is not dead as a challenge for Australia.
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