The Global Sustainable Competitiveness Index scores and ranks 176 countries according to their capability to sustain or increase wealth. The Index was first developed and published in 2012, in contrast to the World Economic Forum’s Global Competitiveness Report, and is based on a competitiveness model that incorporates all aspects required to sustain wealth, the environment, and social cohesion.
The four main pillars of the model are:
- Natural capital (the availability of natural resources),
- Resource efficiency (as a measurement of industrial competitiveness),
- Sustainable innovation (as a measurement of the capability to sustain economic activities in a competitive global market), and
- Social cohesion (the foundations of smooth operation and secure investments).
What countries are top of the index you ask? The top five are Denmark, Sweden, Finland, Norway and Switzerland. Canada, at number 7, is the only non-European country in the top 10. How about the United States? – Number 27, behind Iceland (13), Belarus (21) and Lithuania (23).
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