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WEF Report Outlines the Way Forward for Global Economies
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Switzerland among best placed to recover from Covid crisis
Switzerland ranks well on flexible working and good digital connections that allow people to work from home. Keystone / Jean-christophe Bott
Switzerland is among the countries best equipped to withstand the effects of the global pandemic, although no nation has emerged unscathed, according to the World Economic Forum (WEF).
This content was published on December 16, 2020 - 13:17
December 16, 2020 - 13:17
Keystone-SDA/jc
The Alpine country does well on several of the indicators used in a WEF report released Wednesday in Geneva. Replacing its usual annual Global Competitiveness Index, the WEF report on “how countries are performing on the road to recovery” looks at “how economies should think about revival and transformation as they recover and redesign their economic systems to enhance human development and compatibility with the environment”.
· Special edition of the World Economic Forum’s
Global Competitiveness Report examines how the recovery from COVID-19 crisis can build productive, sustainable and inclusive economic systems
· Countries with advanced digital economies, strong social safety nets and robust healthcare systems have managed the impact of the pandemic more effectively
· Report measures which countries are best prepared for recovery and future economic transformation
· Country rankings have been suspended due to the extraordinary COVID-19 response measures by governments
· Read the full report, infographics and more here
Geneva, Switzerland, 16 December 2020 – Almost one year after the onset of the COVID-19 crisis, the deep economic recession it has triggered continues to have profound economic and social consequences. While no nation has emerged unscathed, this year’s
December 16, 2020
GENEVA, Switzerland Almost one year after the onset of the COVID-19 crisis, the deep economic recession it has triggered continues to have profound economic and social consequences. While no nation has emerged unscathed, this year’s Global Competitiveness Report finds that countries with advanced digital economies and digital skills, robust social safety nets and previous experience dealing with epidemics have better managed the impact of the pandemic on their economies and citizens.
As the global economy recovers, the opportunity exists for countries to expand their focus beyond a narrow return to growth. The Global Competitiveness Report Special Edition 2020: How Countries are Performing on the Road to Recovery, published today by the World Economic Forum, charts a way forward.
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