GS PrelimsEconomyEconomic Development2000

Which one of the following countries occupies the first place in the "Global Competitive Report” of World Economic Forum?

USA

Singapore

Hong Kong

France

Correct Answer: Option A

Explanation

1. The question asks about the top-ranked country in the World Economic Forum's (WEF) "Global Competitive Report" around the year 2000. 2. Based on the rankings published in the GCR 2000, Singapore held the first place. 3. While the USA and Hong Kong were also highly ranked competitors, Singapore was specifically number 1 in that year's report. France typically ranked lower in competitiveness indices compared to these other economies.

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