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DUBAI HAS MOST 'COMPETITIVE' ECONOMY IN ME, 31.3.2009
Dubai had many strengths the report said but its weaknesses included ethics, transparency, education and workforce quality. (Getty Images)Dubai has the most competitive economy in the Middle East and ranks higher for its competitiveness than Japan, Germany, France and New Zealand, according to a new study.
The emirate ranked 16 out of 65 economies surveyed as part of the National Competitiveness Report 2009, published by the Institute for Industrial Policy Studies at the National University of Seoul, in South Korea.
The Korean institute has published the National Competitiveness Report annually since 2001, but this the first time that it has included Dubai, according to WAM news agency.
The US ranked number one in this year's study, followed respectively by the Netherlands and Denmark.
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