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WEF Says Indonesia's Competitiveness Improved Most Among G20

The World Economic Forum has released its Indonesia Competitiveness Report 2011 which draws on findings of the Global Competitive Index 2010-2011 (GCI). Indonesia ranks 44th among 139 economies in the CGI ranking. According to the report, Indonesia has progressed in…

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each of 12 categories of the index. This improvement in the overall ranking is the highest of all G20 countries. WEF states that Indonesia now compares favorably with the BRIC countries (Brazil, Russia, India, China), with the exception of China.