eseoulpost
BusinessWorld Business
S. Korea ranks 15th in global competitiveness: WEF report
min  |  min
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
승인 2018.10.17  
트위터 페이스북 미투데이 요즘 네이버 구글 msn
   

SEJONG, Oct. 17 (Yonhap) -- South Korea's ranking in global competitiveness rose by two notches this year thanks to improvement in the country's macroeconomic environment and a high-level of information technology, a report showed Wednesday.

In 2018, Asia's fourth-largest economy ranked 15th out of 140 countries surveyed in the World Economic Forum (WEF) competitiveness index, up from 17th the previous year. WEF said this year's gains were tempered by challenges in the country's labor sector and certain structural problems.

The WEF changed some items reviewed, and the rankings are based on the new evaluation scheme.

The country's rankings in terms of basic requirements that measure its institutions and infrastructure came in at 27th and sixth places, respectively. The country ranked No. 1 in both ICT adoption and macroeconomic stability.

South Korea stood at 19th and 27th in terms of health and skills, with the numbers for product market, labor market, financial system and market size being 67th, 48th, 19th and 14th, each, the report showed.

"The country leads the ICT adoption pillar, boasting some of the world's highest penetration rates of ICTs. A global innovation powerhouse ... [South Korea] struggles on the less tangible drivers of innovation," the report said.

The report noted South Korea's two weakest pillars are its product market, mostly due to the lack of domestic competition, and labor market, caused by its rigidity and sub-optimal utilization of human capital.

 

< 저작권자 © eseoulpost 무단전재 및 재배포금지 >
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
트위터 페이스북 미투데이 요즘 네이버 구글 msn 뒤로가기 위로가기
이 기사에 대한 댓글 이야기 (0)
자동등록방지용 코드를 입력하세요!   
확인
- 200자까지 쓰실 수 있습니다. (현재 0 byte / 최대 400byte)
- 욕설등 인신공격성 글은 삭제 합니다. [운영원칙]
이 기사에 대한 댓글 이야기 (0)
Most Read
1
UAE strengthens food security alliance with S. Korea
2
Emirates Park Zoo delivers missing information critical to sustaining biodiversity
3
14 allies seek discussion of Taiwan issue at WHA
4
ADNOC Abu Dhabi Marathon reveals world-class prize fund
5
Han Kuang drills to feature F-16Vs, Perry-class frigates
6
UAE helps release of a South Korean held in Libya
7
S. Korea, France move to expand cooperation for space development
8
UAE / Tajikistan terrorism conference
9
Media a key partner in national development process: Mohamed bin Zayed
10
Taiwan becomes first Asian country to legalize gay marriage
Photo News Green Biz
Restoration of nature requires actions of many :Al Zeyoudi
Restoration of nature requires act...
min
Al Zeyoudi to head UAE delegation to upcoming Global Climate Action Summit in California
Al Zeyoudi to head UAE delegation ...
min
Plastic wastes from Korea legal: MisOr ecozone exec
Plastic wastes from Korea legal: M...
min
Spotlight on UAE's environmental efforts at Urban Sustainability Week
Spotlight on UAE's environmental e...
min
DEWA invites customers to take up Shams Dubai to generate onsite solar power
DEWA invites customers to take up ...
min
Photo News Sports
Over 500 Paralympic athletes to compete in IWAS World Games 2019 on Sunday in Sharjah
Over 500 Paralympic athletes to co...
min
New York City FC announces preseason in Abu Dhabi
New York City FC announces preseas...
min
AFC Asian Cup UAE 2019
AFC Asian Cup UAE 2019
min
VP crowns Abdullah Al Marri winner of Mohammed Bin Rashid Endurance Cup
VP crowns Abdullah Al Marri winner...
min
Welcome to the land of Zayed, land of tolerance, Nahyan bin Zayed tells 2019 AFC Asian Cup teams
Welcome to the land of Zayed, land...
min
World Taekwondo Grand-Prix Final launched in Fujairah
World Taekwondo Grand-Prix Final l...
min
Koreas agree to formally inform IOC of intent to co-host 2032 Olympics
Koreas agree to formally inform IO...
min
Etisalat sponsors UAE Paralympics at Asian Para Games
Etisalat sponsors UAE Paralympics ...
min
Photo News World
Over 500 Paralympic athletes to compete in IWAS World Games 2019 on Sunday in Sharjah
Over 500 Paralympic athletes to co...
min
New York City FC announces preseason in Abu Dhabi
New York City FC announces preseas...
min
AFC Asian Cup UAE 2019
AFC Asian Cup UAE 2019
min
VP crowns Abdullah Al Marri winner of Mohammed Bin Rashid Endurance Cup
VP crowns Abdullah Al Marri winner...
min
Welcome to the land of Zayed, land of tolerance, Nahyan bin Zayed tells 2019 AFC Asian Cup teams
Welcome to the land of Zayed, land...
min
World Taekwondo Grand-Prix Final launched in Fujairah
World Taekwondo Grand-Prix Final l...
min
Koreas agree to formally inform IOC of intent to co-host 2032 Olympics
Koreas agree to formally inform IO...
min
Etisalat sponsors UAE Paralympics at Asian Para Games
Etisalat sponsors UAE Paralympics ...
min
Photo News Opinion
President Moon names 7 new ministers in Cabinet reshuffle
President Moon names 7 new ministe...
min
Former President Lee Myung-bak released on bail
Former President Lee Myung-bak rel...
min
S. Korea's exports fall 11.1 pct in Feb.
S. Korea's exports fall 11.1 pct i...
min
Moon calls for bold shift to 'new Korean Peninsula regime'
Moon calls for bold shift to 'new ...
min
S. Korea will strengthen income-led growth policy after making changes: finance minister
S. Korea will strengthen income-le...
min
PyeongChang Olympic facilities to be turned into nat'l archives, training center
PyeongChang Olympic facilities to ...
min
Ex-Prime Minister Hwang elected new chief of main opposition party
Ex-Prime Minister Hwang elected ne...
min
Samsung chief's attendance at Samsung Elec board meeting drawing focus
Samsung chief's attendance at Sams...
min
Newspaper AboutNews ReportAdvertiseComplaintsPrivacy PolicyJuvenile protectionRejection of E-mail Collection
Gangnam-gu, Teheran 52 street in Tehran Bldg, 616(Yeoksam-dong)  |  Main Phone: 02) 563-0604  |  Fax: 02) 538-5665
Chairman : jeong-woo Lee  |  Advisor : byung-il Min  |  Publisher: jae-mo Kah  |  Editors: il-hong Kim
Registration Number 1928 Seoul ah  |  eseoulpost.com / eseoulpost.net / Global Korea.,Ltd
Copyright © 2011 eseoulpost. All rights reserved. mail to jaemokah@daum.com , kih10kr@empas.com/ www.globalkorea.info
arabafrica.net / UAE Interract / Emirtes News Agency(WAM)/ http://wam.org.ae / www.uaeinteract.com