Global Competitiveness Report Information

According to the Global Competitiveness Report 2014-2015,

South Africa’s transport infrastructure (32nd) is good by regional standards, although its electricity supply does suffer disruptions (99th). But the country’s strong ties to advanced economies, notably the euro area, has made it more vulnerable to the economic slowdown of those economies. These ties are likely to have contributed to the deterioration of fiscal indicators: its performance in the macroeconomic environment—having dropped sharply in the previous year—remains at 89th. Low scores for the diversion of public funds (96th), the perceived wastefulness of government spending (89th), and a more general lack of public trust in politicians (90th) remain worrisome, and security (95th) continues to be a major area of concern for doing business.

 

(Source: Global Competitiveness Report 2014-2015, World Economic Forum http://www3.weforum.org/docs/GCR2014-15/GCR_Highlights_2014-2015.pdf)

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