Israel Ranked 17th in IMD World Competitiveness Yearbook 2011
Israel keeps its position as 17th in the overall ratings, as it was ranked 17th also in 2010
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In IMD's World Competitiveness Yearbook (WCY) in 2011, Israel is 1st in the world in total expenditures of R&D as % of GDP, entrepreneurship, central bank policy and scientific research. Also, In IMD WCY 2011 Israel is 2nd in the world in access to venture capital and public expenditure on education.
Israel's weak ratings were in immigration laws, governmental debt as a % of GDP, long term unemployment and cost of living.
Looking at Israel's overall rating in the IMD World Competitiveness Yearbook over the past decade, Israel's rating ranged between 13th and 33rd out of 60 countries.
About IMD and the World Competitiveness Yearbook
The International Institute for Management and Development (IMD) is a world-leading business school. IMD publishes the World Competitiveness Yearbook, which ranks and analyzes how a nation’s environment creates and sustains the competitiveness of enterprises.
Israel is represented in IMD's WCY through the Federation of Israeli Chambers of Commerce.