Macroeconomic stability - 55th from 43rdMarket size - 31st from 32ndThe Philippines' lowest ranking was inWhile the country's infrastructure and institutions slightly improved, it is still among the lowest performers globally in these areas.
The country also suffered its sharpest drop in information communications technology adoption, falling by 21 places to 88th overall. Macroeconomic stability , financial system , business dynamism , and innovation capability suffered dips as well.Singapore was the best performer overall, followed by the United States, Hong Kong, the Netherlands, and Switzerland."Introduced in 2018, the [Global Competitiveness Index] 4.0 provides a detailed map of the factors and attributes that drive productivity, growth, and human development in the era of the fourth industrial revolution.
It would be better to say: Pinas now no. 64 out of 144 nations. More impact.
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