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Seychelles as seen by the World Economic Forum Global Competitiveness Index

Seychelles as seen by the World Economic Forum Global Competitiveness Index (Forimmediaterelease.net) Seychelles is pleased to share information from the World Economic Forum Global Competitiveness Index for 2012-2013:

The Seychelles enters the index for the first time this year at 76th position overall, 4th in the region.

The country benefits from strong and well-functioning institutions by regional standards (47th), with strong public trust in politicians (38th) and a government that is seen as efficient (28th). Infrastructure is also relatively well developed (42nd), and the country has impressive educational outcomes in terms of enrollment rates, although the quality education - particularly in math and science - is perceived to be rather poor by the business community.

Moving forward, the country will need to improve the efficiency of its markets, particularly its goods and financial markets (ranked 70th and 94th, respectively).

Further, because the Seychelles is now approaching the innovation-driven stage of development, a more innovative business culture will be critical for ensuring continued productivity enhancements into the future.”

MEDIA CONTACT: seychellesupdatednews@googlemail.com

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