The Country That Dindn't Bail Out the Banks Is Leading the Global Sustainable Competitiveness Index 2015
Iceland is leading the 4th Global Sustainable Competitiveness Index - an index composed of 105 quantitaive indicators collected by the World Bank and other international agencies.
Zürich, December 6, 2015 (Newswire.com) - The Global Sustainable Competitiveness Index evaluates the ability of countries to sustain and generate new income based on all elements that enable successful development:
- Natural Capital,
- Resource Intensity and Efficiency,
- Social Cohesion
- Intellectual Capital
- and Governance Capital
Key findings of the 2015 Global Sustainable Competitiveness Index include:
Sustainable competitiveness is the ability to generate and sustain inclusive wealth without diminishing future capability of sustaining or increasing current wealth levels.
MiHyang Lee, Head Communications
- The country that refused to bail out the banks is leading the Index for a second consecutive year - Iceland. Iceland is followed by the other The other Scandinavian countries
- The only non-European countries in the top 20 are Japan (11), New Zealand (12) and Canada (16). The Baltic states are also in the top 20.
- The World’s largest economy, the US, is ranked 41; the UK 48. China is above both on 25. Of the booming emerging economies, Brazil is ranked 24, South Korea 40, and India 133.
- The Natural Capital sub-ranking is topped by countries with a rich biodiversity, favorable climate and sufficient water resources - Congo followed by Suriname and Guyana.
- Asian nations (South Korea, Singapore, Japan, and China) lead the Intellectual Capital ranking. However, achieving sustained prosperity in these countries might be compromised by Natural Capital constraints and current high resource intensity/low resource efficiency
- The Social Capital ranking is headed by Northern European (Scandinavian) countries, indicating that social cohesion is the result of economic growth combined with a certain level of social consensus
About SolAbility
SolAbility Sustainable Intelligence is an independent sustainable management advisory and think-tank, the publisher of the Global Sustainable Competitiveness Index and the maker of 3 DJSI Suspersector Leaders.
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Tags: SUstainable competitiveness, sustainable development, sustainable leadership, sustinable advantage