Radio Taiwan International 
Date: 29 May, 2019
By: John Van Trieste

The IMD business school has placed Taiwan 16th in its latest ranking of the world’s most competitive economies. (Photo Courtesy IMD)

The IMD business school has declared Taiwan the world’s 16th most competitive economy in its annual competitiveness ranking.

The ranking examines the economic competitiveness of 63 countries and territories. It also takes a closer look at a range of indicators, grouped into the categories of economic performance, government efficiency, business efficiency, and infrastructure.

Taiwan is now the fourth most competitive economy in the Asia-Pacific region, behind Singapore in first place, Hong Kong in second, and China in third.     [FULL  STORY]