The Global Competitiveness Report 2017–2018 /

THE SYSTEM INITIATIVE ON SHAPING THE FUTURE OF ECONOMIC Although the World Economic Forum takes every reasonable step PROGRESS to ensure that the Data thus compiled and/or collected is accurately Margareta Drzeniek Hanouz, Head of the System Initiative on reflected in this Report, the World Economic Forum, its agents, Shaping the Future of Economic Progress officers, and employees: (i) provide the [...] Governments, businesses, and to consult the performance of their countries in the individuals are experiencing high levels of uncertainty Global Competitiveness Index and, together, identify as technology and geopolitical forces reshape the the main challenges and barriers to growth facing economic and political order that has underpinned their economies. [...] Such human-centric economic progress selected topics based on the results of the GCI in is multidimensional by nature—it is broad based by Chapter 2. The Report then analyses the results of the benefitting the vast majority of people, environmentally GCI for the world’s geographic regions and selected sustainable, and equitable in terms of creating countries in Chapter 3. Finally, the Report prese [...] We and share the rewards of new efficiencies, especially in must shift the economic policy debate and interventions light of the evolving nature of employment and jobs. [...] Four of these stand out and are likely with advanced economies fueling capital inflows in to shape economic discourse in the year ahead: the form of foreign direct investment, the commodity structural headwinds to growth, the disruptions of rapid superboom, and—related to this—the rapid growth of technological change, the need for greater economic China.5 Only recently have advanced and emerging i