Countries Ranked on Sustainable Competitiveness by SolAbility
by Vikas Vij
Competitiveness of nations is traditionally compared on the basis of economic and financial indicators. However, in the wake of global environmental and social challenges, economic competitiveness alone has become an inadequate measure for risk and investment analysis or credit ratings. In fact, economic activities can have an adverse impact on the environment, health, and social equity of a country.
Looking at this situation, SolAbility has developed a model to evaluate the sustainable competitiveness of a country – as an alternative to GDP and common sovereign risk ratings.
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Image Credit: Flickr via planeta
Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.
