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Friday, May 19, 2006

IMD's competitiveness ranking Scientific?

According to this report from People's Daily, a Chinese official newspaper:
The Laussane, Switzerland-based International Institute of Management Development (IMD) has given a thumbs-up to China and India for their growing competitiveness. In IMD's World Competitiveness Yearbook rankings 2006 released on Wednesday, China and India have leapt up the rankings, China from 31 to 19 and India from 39 to 29.

From the same report, India also jumped 10 positions from No. 39 in 2004 to No. 29 in 2005.

China and India are such huge coutries, Increasing competitiveness in such large countries should always be a slow process. If China and India could make such a leap in this ranking in one year, I seriously doubt that if the ranking is scientific.

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