January 24, 2020
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Overall Competitiveness Rankings

Overall Competitiveness Rankings
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Growth Competitiveness Index 
        2001   2002
India   57     48 
China   39     40
Current Competitiveness Index
        2001   2000
India	36     37
China	47     44

Competitiveness Balance-Sheet

India
Advantages 
Availability of scientists and engineers  4
Access to credit	                  4
Potential for "catch-up" growth	          5
IT training and education	          9
Government success in IT promotion	  11
Exchange rate premium	                  4
Disadvantages
Access to foreign capital markets	  75
Average tariff rate	                  74
Road infrastructure quality	          73
Corruption	                          70
Cellular telephones	                  73
Personal computers	                  73
China
Advantages
Employment to population ratio	          1
National savings rate	                  2
Local availability of process machinery	  2
Investment rate	                          2
Inflation	                          5
Competence of public officials	          6
Disadvantages
Foreign access to local capital markets	  75
Entry into banking industry	          74
Exchange rate premium	                  72
Permits to export	                  71
IT training and education	          63
Average tariff rate	                  71

Source: The Global Competitiveness Report 2001-2002 published by the World Economic Forum. Ranking among 75 economies

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