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Question

The Global Competitiveness Report is published by the

The correct answer is

World Economic Forum

Publisher of the Global Competitiveness Report

The Global Competitiveness Report is a well-known annual report that assesses the factors driving countries' productivity and prosperity. Understanding which international organization publishes this important report is key for many general knowledge and economics exams.

The organization responsible for publishing the Global Competitiveness Report is the World Economic Forum.

Let's look at the options provided:

  • International Monetary Fund (IMF): The IMF is primarily focused on global monetary cooperation, securing financial stability, facilitating international trade, promoting high employment and sustainable economic growth, and reducing poverty around the world. While it publishes various reports like the World Economic Outlook, it does not publish the Global Competitiveness Report.
  • United Nations Conference on Trade and Development (UNCTAD): UNCTAD is a United Nations body dealing with trade, investment, and development issues. It publishes reports such as the World Investment Report, but not the Global Competitiveness Report.
  • World Economic Forum (WEF): The World Economic Forum is an international organization for Public-Private Cooperation. It is renowned for its annual meeting in Davos, Switzerland, and for publishing a variety of research reports, including the Global Competitiveness Report.
  • World Bank: The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects. It publishes reports like the World Development Report, but not the Global Competitiveness Report.

Therefore, based on the roles and publications of these international organizations, the World Economic Forum is the correct publisher of the Global Competitiveness Report.

Revision Table: Global Competitiveness Report

Report Name Published By Focus Area
Global Competitiveness Report World Economic Forum (WEF) Factors affecting productivity and prosperity
World Economic Outlook International Monetary Fund (IMF) Global economic developments and forecasts
World Investment Report United Nations Conference on Trade and Development (UNCTAD) Trends in foreign direct investment
World Development Report World Bank Specific global development issues

Additional Information: World Economic Forum

The World Economic Forum (WEF) is an independent international organization committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas. Founded in 1971, the WEF is headquartered in Geneva, Switzerland. Besides the Global Competitiveness Report, the WEF publishes several other influential reports covering topics like global risks, gender gaps, and energy transition.

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Important Questions from Indexes and Reports

  1. According to the Forest Survey Report, 2021, area-wise which one of the following States have the largest forest cover in India?

  2. According to the Travel and Tourism Competitiveness Index (TTCI) 2017, released by the World Economic Forum, among the 136 economies across the world, India ranked

  3. According to the World Bank's annual report on the Ease of Doing Business (EODB), 'Doing Business 2020: Comparing Business Regulations in 190 Economies', India ranks ______ out of 190 countries.

  4. What is India's rank in 2019 World Happiness Report?

  5. Which of the following states ranked first in the Export Preparedness Index 2020 released by Niti Aayog?

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