The Netherlands ranks third overall on the World Economic Forum’s (WEF) Europe 2020 Competitiveness Report.
For outstanding use of information and communications technology The Netherlands has ranked even first. The country also scored high marks and a second place in the EU ranking for its solid educational system, high level of social inclusion, and effective government policies. The Netherlands also rated a third place rank for building a smarter and more inclusive society.
The report found that Europe, as a whole, has “weathered the financial storm” due in part to monetary policies, and restructuring and reforming the banking industry. This has led to a return in market confidence and renewed confidence in the Eurozone. However, the WEF cautions that these reforms must lead to even more decisive measures designed to boost Europe’s competitiveness on the world stage, and increase its overall productivity, employment, and prosperity.
The World Economic Forum’s Europe 2020 Competitiveness Report measures EU countries on their performance on the “Europe 2020” plan’s seven flagship initiatives: enterprise environment, digital agenda, innovative Europe, education and training, labor market and employment, social inclusion, and environmental sustainability. To read the full report, click here.
Source: World Economic Forum