Home>>World
Last updated at: (Beijing Time) Wednesday, July 31, 2002

Singapore Ranks First in UN Rating of 87 Countries

Singapore ranks first in a new United Nations report that rates the ability of 87 countries to produce and export competitive manufactured goods.


PRINT DISCUSSION CHINESE SEND TO FRIEND


Singapore ranks first in a new United Nations report that rates the ability of 87 countries to produce and export competitive manufactured goods.

Switzerland, Ireland, Japan, Germany and the United States ranked next, in that order, according to the report of the UN Industrial Development Organization (UNIDO), which found that EastAsia led all developing regions in its competitive industrial performance.

The report finds that major improvements have been made since 1985 among several middle-income developing economies, including China, Costa Rica, Malaysia, Mexico, the Philippines and Thailand.At the same time, it warns that "most developing countries (continue) to languish at the bottom of the performance and capability ladder."

These nations face a key challenge in meeting intense competitive pressures while avoiding the "low road" of reduced wages, depreciated exchange rates and low labor and environmental standards, the report points out, calling for a global alliance toaddress this situation.

"Only a major concerted effort by the international community to remove obstacles to market access and support developing countries' capacity building to conform with the rules can redressinter-country disparities," UNIDO Director-General Carlos Magarinos writes in the introduction to the report.


Questions?Comments? Click here
    Advanced








 


Renminbi Appeals Increasingly to Domestic Users: Statistics ( 8 Messages)

Institutional Guarantee for the Selection and Appointment of Capable People ( 2 Messages)

News Analysis: Why China Ranks Sixth in World Trade ( 3 Messages)

Missing Worker Found, Relatives Mourn ( 80 Messages)

China Protests over Falun Gong Resolution by US Congress ( 13 Messages)

Secret of China's Manned 'Spaceport' Revealed ( 98 Messages)



Copyright by People's Daily Online, all rights reserved