The Global Sustainable Competitiveness Index
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The Global Sustainable Competititiveness Index (GSCI) is published yearly since 2012 by SolAbility, a Korean/Swiss think tank..[1]. The GSCI measures the competitiveness of nation-economies based on quantitative indicators derived from publicly available databases such as the World Bank Indicators, UN data, the IMF, and others.
Sustainable competitiveness[edit]
The GSCI is based on a competitiveness model that evaluates the fundamentals elements (enablers) rather than the final output, dubbed sustainable competitiveness. SolAbility defines this as “...the ability to generate and sustain inclusive wealth without diminishing the future capability of sustaining or increasing current wealth levels" [2]
Index methodology & calculation[edit]
The GSCI is based on the sustainable competitiveness model with 5 pillars:
- Natural Capital: the given natural environment, including the availability of resources, and the level of the depletion of those resources.
- Social Capital: health, security, freedom, equality and life satisfaction within a country.
- Resource Management: the efficiency of using available resources as a measurement of operational competitiveness in a resource-constraint World.
- Intellectual Capital: the capability to generate wealth and jobs through innovation and value-added industries in the globalised markets
- Governance Efficiency: Results of core state areas and investments – infrastructure, market and employment structure, the provision of a framework for sustained and sustainable wealth generation
The Index is calculated based on 111 quantitative performance indicators derived from respected databases. The raw performance data is scored against relativity, i.e. in comparison to other country performance, and not against an imaginary “best practice”.
In addition to scoring the latest available performance data, current performance against the rolling average of the previous 10 years is also scored in order to reflect a country recent development in the final ranking.
Purpose[edit]
Conventional measurements of country success, development and competitiveness (e.g. GDP) are generally based on models that measure competitiveness as an output. Conventional competitiveness measurements do not consider key fundamentals of sustainable development[3]. Through the integration of sustainability fundamentals, the Sustainable Competitiveness Index differs significantly from conventional models and rankings of national competitiveness, such as the World Economic Forum's Competitiveness Index[4]
Conventional competitiveness measurements do not integrate sustainable development and fundamental considerations, such as the given natural environment, environmental and social footprint, or educational performance indicators.
The Global Sustainable Competitiveness Index aims to serve as an alternative measurement for GDP measurements and conventional country competitiveness. The Sustainable Competitiveness Index presents a measurements of country-level development levels that consider all aspects of a nation.
The Global Sustainable Competitiveness Index 2017:[edit]
List of countries by sustainable competitiveness rank
| Country | Sustainable competitiveness | |
| Rank | Score | |
| Sweden | 1 | 60.5 |
| Norway | 2 | 58.2 |
| Iceland | 3 | 57.6 |
| Finland | 4 | 57.4 |
| Denmark | 5 | 57.2 |
| Ireland | 6 | 55.4 |
| Switzerland | 7 | 55.3 |
| Austria | 8 | 54.8 |
| Latvia | 9 | 54.2 |
| Estonia | 10 | 53.7 |
| Slovenia | 11 | 53.7 |
| Luxembourg | 12 | 53.6 |
| New Zealand | 13 | 53.6 |
| Germany | 14 | 53.4 |
| Croatia | 15 | 53.4 |
| South Korea | 16 | 53.3 |
| Liechtenstein | 17 | 53.1 |
| Slovakia | 18 | 53.0 |
| France | 19 | 52.9 |
| Japan | 20 | 52.8 |
| Czech Republic | 21 | 52.7 |
| United Kingdom | 22 | 51.9 |
| Lithuania | 23 | 51.8 |
| Canada | 24 | 51.4 |
| Poland | 25 | 51.2 |
| Belgium | 26 | 49.9 |
| Romania | 27 | 49.7 |
| Netherlands | 28 | 49.6 |
| USA | 29 | 49.2 |
| Peru | 30 | 49.2 |
| Italy | 31 | 49.0 |
| China | 32 | 48.9 |
| Portugal | 33 | 48.9 |
| Belarus | 34 | 48.9 |
| Paraguay | 35 | 48.2 |
| Australia | 36 | 48.2 |
| Spain | 37 | 48.1 |
| Malta | 38 | 48.1 |
| Uruguay | 39 | 47.9 |
| Hungary | 40 | 47.8 |
| Georgia | 41 | 47.8 |
| Brazil | 42 | 47.6 |
| Russia | 43 | 47.5 |
| Israel | 44 | 47.2 |
| Brunei | 45 | 47.2 |
| Bulgaria | 46 | 47.2 |
| Costa Rica | 47 | 47.1 |
| Greece | 48 | 46.9 |
| Moldova | 49 | 46.9 |
| Serbia | 50 | 46.8 |
| Malaysia | 51 | 46.7 |
| Colombia | 52 | 46.6 |
| Albania | 53 | 46.6 |
| Singapore | 54 | 46.5 |
| Laos | 55 | 46.2 |
| Bosnia and Herzegovina | 56 | 46.2 |
| Bolivia | 57 | 45.9 |
| Montenegro | 58 | 45.8 |
| Kazakhstan | 59 | 45.5 |
| Burma | 60 | 45.4 |
| Argentina | 61 | 45.4 |
| Kyrgistan | 62 | 45.2 |
| Turkey | 63 | 45.1 |
| Ethiopia | 64 | 45.1 |
| Chile | 65 | 44.9 |
| Indonesia | 66 | 44.7 |
| Mexico | 67 | 44.7 |
| Ghana | 68 | 44.5 |
| Suriname | 69 | 44.5 |
| Panama | 70 | 44.4 |
| Timor-Leste | 71 | 44.4 |
| Venezuela | 72 | 44.3 |
| Macedonia | 73 | 44.3 |
| Tunisia | 74 | 44.3 |
| Vietnam | 75 | 43.9 |
| Nepal | 76 | 43.9 |
| Cote d'Ivoire | 77 | 43.9 |
| Bhutan | 78 | 43.9 |
| Tajikistan | 79 | 43.8 |
| Kenya | 80 | 43.7 |
| Republic of Congo | 81 | 43.6 |
| Nicaragua | 82 | 43.6 |
| Ecuador | 83 | 43.4 |
| Armenia | 84 | 43.4 |
| Uzbekistan | 85 | 43.3 |
| Tanzania | 86 | 43.2 |
| Cameroon | 87 | 43.2 |
| Gabon | 88 | 43.2 |
| Belize | 89 | 43.2 |
| Oman | 90 | 43.2 |
| Ukraine | 91 | 43.0 |
| Cuba | 92 | 43.0 |
| Guyana | 93 | 43.0 |
| Dominica | 94 | 42.9 |
| Maldives | 95 | 42.5 |
| Mongolia | 96 | 42.4 |
| Cyprus | 97 | 42.3 |
| Mozambique | 98 | 42.0 |
| Mauritius | 99 | 42.0 |
| Saudi Arabia | 100 | 42.0 |
| Democratic Republic of Congo | 101 | 41.9 |
| Togo | 102 | 41.7 |
| Namibia | 103 | 41.7 |
| Bahamas | 104 | 41.6 |
| Philippines | 105 | 41.6 |
| Qatar | 106 | 41.6 |
| United Arab Emirates | 107 | 41.4 |
| Nigeria | 108 | 41.3 |
| Thailand | 109 | 41.2 |
| Kuwait | 110 | 41.2 |
| Senegal | 111 | 41.1 |
| Zambia | 112 | 41.0 |
| Sierra Leone | 113 | 41.0 |
| Angola | 114 | 41.0 |
| Algeria | 115 | 41.0 |
| Iran | 116 | 40.9 |
| Solomon Islands | 117 | 40.9 |
| Sudan | 118 | 40.7 |
| Dominican Republic | 119 | 40.5 |
| El Salvador | 120 | 40.5 |
| India | 121 | 40.5 |
| Zimbabwe | 122 | 40.4 |
| Guatemala | 123 | 40.3 |
| Cambodia | 124 | 40.3 |
| Sri Lanka | 125 | 40.2 |
| Azerbaijan | 126 | 40.2 |
| Guinea | 127 | 40.2 |
| St. Kitts and Nevis | 128 | 40.1 |
| Papua New Guinea | 129 | 40.1 |
| Lesotho | 130 | 40.0 |
| Equatorial Guinea | 131 | 39.9 |
| Cape Verde | 132 | 39.9 |
| Sao Tome and Principe | 133 | 39.8 |
| Niger | 134 | 39.7 |
| Liberia | 135 | 39.7 |
| Fiji | 136 | 39.7 |
| Bahrain | 137 | 39.6 |
| Trinidad and Tobago | 138 | 39.6 |
| Jordan | 139 | 39.5 |
| Rwanda | 140 | 39.4 |
| South Africa | 141 | 39.2 |
| Malawi | 142 | 39.1 |
| West Bank and Gaza | 143 | 39.0 |
| Botswana | 144 | 39.0 |
| Turkmenistan | 145 | 38.9 |
| Guinea-Bissau | 146 | 38.8 |
| Egypt | 147 | 38.7 |
| Tonga | 148 | 38.6 |
| Madagascar | 149 | 38.6 |
| Burkina Faso | 150 | 38.5 |
| Mali | 151 | 38.5 |
| Benin | 152 | 38.3 |
| Bangladesh | 153 | 38.1 |
| Comoros | 154 | 38.1 |
| Honduras | 155 | 37.9 |
| Uganda | 156 | 37.8 |
| Libya | 157 | 37.4 |
| Jamaica | 158 | 37.3 |
| Gambia | 159 | 37.1 |
| Morocco | 160 | 37.1 |
| Burundi | 161 | 37.1 |
| Djibouti | 162 | 37.0 |
| Central African Republic | 163 | 36.9 |
| Swaziland | 164 | 36.9 |
| Lebanon | 165 | 36.8 |
| Pakistan | 166 | 36.6 |
| Afghanistan | 167 | 36.6 |
| Syria | 168 | 36.2 |
| Samoa | 169 | 36.2 |
| Vanuatu | 170 | 36.0 |
| Chad | 171 | 35.6 |
| Mauritania | 172 | 35.4 |
| Grenada | 173 | 35.2 |
| Eritrea | 174 | 35.1 |
| Kiribati | 175 | 34.9 |
| Haiti | 176 | 34.5 |
| South Sudan | 177 | 32.3 |
| Seychelles | 178 | 32.0 |
| Yemen | 179 | 31.0 |
| Iraq | 180 | 30.2 |
References[edit]
- ↑ http://uk.businessinsider.com/the-most-competitive-countries-in-the-world-2016-12/?r=AU&IR=T
- ↑ "The Sustainable Competitiveness Index 2017". SolAbility. Retrieved 2017-11-20.
- ↑ Development, World Commission on Environment and. "Report of the World Commission on Environment and Development: Our Common Future - A/42/427 Annex - UN Documents: Gathering a body of global agreements". www.un-documents.net. Retrieved 2017-11-20.
- ↑ "The Global Competitiveness Report 2017-2018". World Economic Forum. Retrieved 2017-11-20.
- International Journal of Sustainability in Higher Education, Volume 14, Issue 4, "The Global Sustainable Competitiveness Index" https://www.emeraldinsight.com/doi/full/10.1108/ijshe.2013.24914daa.014
- IISD: Scandinavia Ranks Highest on Global Sustainable Competitiveness Index http://sdg.iisd.org/news/scandinavia-ranks-highest-on-global-sustainable-competitiveness-index/
- Dusa, Silvia,(2014):Models of Competitiveness https://mpra.ub.uni-muenchen.de/58103/
- Cleantechnica, "2016 Global Sustainable Competitiveness Index Ranks Europe First" https://cleantechnica.com/2016/12/13/2016-global-sustainable-competitiveness-index-ranks-europe-first/
External links[edit]
- Index website www.solability.com
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