l According to the Switzerland-based International Institute for
Management and Development (IMD), Taiwan
was ranked 11th in the 2013 global competitiveness ranking.
l It was a five-notch
drop from 2012. Taiwan’s decline in
competitiveness was primarily because of the island’s weak domestic economy and
a listless job market.
l Meanwhile, Taiwan
remained in third place in the Asia Pacific for the third consecutive year—behind
only Honk Kong and Singapore.
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