U.S. plummets to 10th spot in World Competitivenes
Post# of 123681
Danielle Garrand 8 hrs ago
U.S. plummets to 10th spot in World Competitiveness Ranking due to Lack of Leadership!
The U.S. has plummeted from the third spot to the 10th in the IMD World Competitiveness Ranking 2020, according to the research group IMD World Competitiveness Center. America has now fallen behind Canada, Denmark and Sweden, among other nations.
The U.S.' downward turn in the rankings started last year, when it dropped from the first spot in 2018 to the third in 2019.
The center cited trade wars as a key factor in reversing the "positive growth trajectories" of the economies of both U.S. and China. China dropped to the 20th position in the 2020 rankings, from the 14th slot in 2019.
https://www.msn.com/en-us/money/markets/us-pl...li=BBnb7Kz