Global Competitiveness Index

Definition

The "Global Competitiveness Index" (GCI) evaluates the productivity and efficiency of countries.

Relevancy

The goal of the "Top 15 Vision" is to see Israel achieve a significant socioeconomic advancement that would put Israel among the 15 leading countries in terms of Quality of Life within fifteen years.

Quality of Life is a subjective term determined by various components. Numerous indices attempt to measure the Quality of Life of individuals in different countries. The most prominent indices among them are the Economist's Quality of Life Index, the UN Human Development Index, and the Quality of Life chapter in the OECD Factbook. These indices utilize a range of methodologies and examine diverse components of Quality of Life.

Tags

Socioeconomic Growth, Regional Development, Leapfrogging, Israel 15, Start-Up Nation

2007-05-01

Term

Socioeconomic

National Leapfrog

In 2006-07, Israel was ranked 15th by the Global Competitiveness Index, a marked improvement from the previous year's performance of 23rd place.

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