Iceland number 26 in the Global Competitiveness Index 2009 – 2010 (World Economic Forum)

"Nevertheless, the sound competitiveness fundamentals displayed by the country in key areas will, it is hoped, ease the recovery and allow the Icelandic economy to bounce back more rapidly.Toward that end, Iceland can count on a top-notch educational system at all levels (2nd and 4th in the health and primary education and higher education and training pillars, respectively) coupled with a rather sophisticated business sector (23rd) displaying high levels of technological readiness (14th) and innovation (16th). An extremely flexible labor market (6th), efficient infrastructure (11th), and well-functioning institutions (13th) complete the picture." (page 24) - http://www.weforum.org/pdf/GCR09/GCR20092010fullreport.pdf

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