HE Ambassador Leslie J. Baja / Ambassador of The Philippines to Egypt
HE Ambassador Sanjay Bhattacharyya / Ambassador of India to Egypt
Global Competitiveness and Economic Growth – The Asia Case Study
Hong Kong (6), Singapore (3) and Japan (9) maintained their rankings in the top ten of the Global Competitiveness Report 2017 – 2018 with Hong Kong advancing 2 positions while the latter two each slipping down on rank. Malaysia took second spot among nine ASEAN countries with Thailand ranked at (32), Indonesia (36), Brunei Darussalam (46), Vietnam (55), Philippines (56), Cambodia (94) and Laos (98). China (27) gained one position led by major investments in digital technologies such as big data, artificial intelligence and financial technology companies. Last year India advanced by 16 positions on the GCI rankings but remained comfortably stagnant on the 2017 – 2018 rankings despite a continued score improvement on all 12 pillars of the index. At 13, New Zealand still leads the world on the Financial Market Development Pillar, while Australia moved up by one rank to become the world’s 21st most competitive nation.
This Open Discussion Session will be honored to host a distinguished group of Ambassadors and Senior Diplomats from the Asian continent to review and further analyze the driving forces behind Asians competitiveness performance. The panel will explore the impact of new technologies on the economy, education and the overall business environment in the region and how the respective nations are adapting, adjusting, and harnessing the power of startups and small and medium firms to enhance their global competitiveness positions.