World Economic Forum lists Taiwan as 13th in global competitiveness report

From http://www.chinapost.com.tw/taiwan-business/2011/09/08/315980/Taiwan-listed.htm and http://www.taipeitimes.com/News/biz/archives/2011/09/08/2003512706 (in English)

[caption id="attachment_883" align="alignleft" width="211"] The Global Competitiveness Report 2011-2012[/caption]

Just as it did in the 2010-2011 report, Taiwan has remained in the 13th position of the the World Economic Forum (WEF) Global Competitiveness Report 2011-2012. Taiwan ranked first in 8 of the 111 factors evaluated. Its prominent position is supported by a strong business innovation and an improvement on its financial market developments, despite the loss of labor market efficiency and the worsening of government finances. In an East Asian context, Taiwan is behind Singapore, Japan and Hong Kong, and in front of Malaysia, South Korea and China. In the global ranking, Switzerland remains at #1, Singapore moves from #3 to #2, Japan loses 3 places, from #6 to #9, Hong Kong and Taiwan remain stable at #11 and #13, respectively, Malaysia moves from #26 to #21 and China improves from #27 to #26. Spain, despite the serious economic and financial crisis, has improved from #42 to #36 during the last year. The full report can be downloaded as pdf from the World Economic Forum website.