The Limited Times

Now you can see non-English news...

Italy lags behind in resilience and recovery capacity

2020-12-16T11:07:52.233Z


Italy lags behind in the resilience and recovery capacity of the economy. (HANDLE)


Italy lags behind in the resilience and recovery capacity of the economy.

This is what emerges from the competitiveness report of the World Economic Forum "Global Competitiveness Report" in which it is noted that although "most countries are not yet ready for transformation, Italy is lagging behind in 9 of the 11 priorities identified . The two aspects in which Italy is relatively better prepared are the willingness to compete and the incentives to direct financial resources towards long-term investment and inclusion ". 

Faced with the exceptional nature of the current crisis triggered by the pandemic, this year the WEF "suspended" the traditional rankings on the degree of competitiveness of countries "to outline the priorities for recovery and relaunch and provide an assessment of how countries are ready for an economic transformation towards systems that combine productivity, human capital and the environment ". The report highlights that countries with advanced digital economies, robust social safety nets and robust health systems have managed the pandemic more effectively even though no one remained unscathed from the impact of Covid. Among the main weaknesses and weaknesses found in Italy, investments in research and development and innovation are identified, as well as training, inclusion and taxation that should become "more progressive". "The WEF has long encouraged policymakers to broaden their focus beyond short-term growth," said President Klaus Schwab, explaining that "this report clarifies the priorities for making economies more productive, sustainable and inclusive when emerging from the crisis. . The stakes in transforming our economic systems could not be higher. " The eleven priorities identified were grouped into four main categories: enabling environment, human capital, markets and innovation. Among the best prepared economies are Sweden, Finland, Holland, New Zealand, Switzerland while Italy remains in the rear among the major industrialized countries with a score of just 51.9 out of 100. Staying in Europe, Germany obtains a rating equal to 62.9, France at 62.7 and Spain and Portugal also rank better, settling respectively at 56.5 and 56.1.

Source: ansa

All life articles on 2020-12-16

You may like

Life/Entertain 2024-02-27T10:04:13.714Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.