VIEWS: 9 PAGES: 10 CATEGORY: Business & Economics POSTED ON: 7/13/2011
The world competitiveness of Slovenia according to the IMD did not improve this year. The IMD World Competitiveness Yearbook 2011, in which survey data represent a weight of one third in the overall ranking and statistical data two thirds, ranks Slovenia 51st out of 59 countries analysed, which is one place higher than last year and 19 places lower than in 2008 and 2009. At its 50th anniversary, the OECD presented the project "OECD Better Life Initiative" as one of the methods for monitoring well-being in a broader sense. As stated in the introduction, over the past 50 years the OECD has developed a set of recommendations on policies that can best support economic growth. According to data from annual reports for 2010, for the first time since 2001 companies recorded a negative difference between net profit and net loss, while cooperatives recorded a smaller negative difference between net profit and net loss than in 2009.
selected topics Slovenian Economic Mirror, May 2011 29 Selected Topics World competitiveness of Slovenia was dragged down by ratings within the institutional framework, as managers were again dissatisfied with according to the IMD 2011 institutions, particularly the government and the central bank, as well a
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