The Worst Economies In The World

After sliding for four consecutive years, the United States moved up two places for the second year in a row in the World Economic Forum's competitiveness rankings, from fifth last year to third in 2014. A combination of factors, including improving business sophistication and institutional frameworks, helped the U.S. improve, despite perceptions of inefficient government and a weak macroeconomic environment. The WEF's Global Competitiveness Report defines competitiveness as the "set of institut...