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In 2012, Australia slipped six places to 15 in world competitiveness rankings with significant drops in the labour market and international trade competitiveness rankings. Released May 2012.
Key factors in Australia's poor ranking for labour market competitiveness included the high Australian dollar, skills shortages and the re-emergence of industrial relations as a key national issue, with a number of high profile disputes.
The World Competitiveness Yearbook survey has over 300 individual criteria rankings grouped into four competitiveness factors:
2012 World Competitiveness Yearbook is produced by the Switzerland based IMD World Competitiveness Center with the help of CEDA in Australia and other international partners.
The IMD World Competitiveness Yearbook compares and ranks 59 countries on business competiveness criteria and is the world's most renowned and comprehensive annual report on the competitiveness of nations.
CEDA released a research report in November 2017 which considered the economic effects felt in Australia from policy decisions which emerge from geopolitical events.
Read more International affairs February 14, 2017The 2007 World Competitiveness Yearbook underlines Australia's long-term challenge to economic growth.
Read more International affairs February 14, 2017In the 2009 WYC, Australia maintained its ranking of 7th place of the 57 nations.
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