PEER REVIEW NOTE - OECD

Its ranking in the World Economic Forum’s Global Competitiveness Index has risen from 72nd in 2011-12 to 42nd in 2015-16 (WEF, 2015), and its key macro-economic indicators have all improved. For this economic development to be sustained, however, a key challenge will be to improve the country’s competitiveness and business climate. ................
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