The Global Competitiveness Report is published by the? International Monetary Fund? World Economic Forum? [2019]

The Global Competitiveness Report is published by the

International Monetary Fund
United Nations Conference on Trade and Development
World Economic Forum
World Bank

Explanation

Option (c) is correct

The Global Competitiveness Report is a flagship publication of the World Economic Forum. The report was launched in 1979, and maps the competitiveness landscape of 141 economies through 103 indicators organised into 12 pillars.

Additional Information

The World Economic Forum was established in 1971 as a non-profit foundation.
Founder: Economist Klaus Schwab.
Objective: Promote entrepreneurship in global public interest while considering the needs of all stakeholders, including employees, suppliers, and communities.
Original Name: European Management Forum; introduced the concept of “stakeholder capitalism.”
Annual Meeting Location: Davos, Switzerland.
Participants: Around 3,000 participants, including business leaders, political figures, economists, celebrities, and journalists.
Funding: Primarily funded by partnering global corporations.
Reports: Important reports by WEF are the Global Gender Gap Report, Global Risk Report, and Global Travel and Tourism Report.

Option (a) is incorrect

Important reports published by the IMF:
- World Economic Outlook
- Global Financial Stability Report
- Fiscal Monitor Report
- External Sector Report
- Regional Economic Reports

Infographic detailing International Monetary Fund (IMF) overview, including history, objectives, member countries, voting power, and financial assistance facilities. Features a world map highlighting 191 member countries, voting power percentages for major nations, descriptions of Stand-By Agreement and Extended Fund Facility, and explanation of Special Drawing Rights with charts and icons.

Option (b) is incorrect

UNCTAD is an intergovernmental organisation within the United Nations Secretariat that promotes the interests of developing countries in world trade. It was established in 1964 by the United Nations General Assembly (UNGA) and reports to that body and the United Nations Economic and Social Council (ECOSOC). UNCTAD comprises 195 member states and works with non-governmental organisations worldwide. Its permanent secretariat is in Geneva, Switzerland.
UNCTAD was created in response to concerns among developing countries that existing international institutions like the IMF and World Bank were not adequately organised to handle the particular problems of developing countries. One of UNCTAD’s principal achievements was conceiving and implementing the Generalised System of Preferences (GSP), which promotes exporting manufactured goods from developing countries.
Important reports by UNCTAD:
- NCTAD reports include:
- The Trade and Development Report
- The Economic Development in Africa Report
- The Least Developed Countries Report
- The World Investment Report
- A World of Debt Report
- Digital Economy Report

Option (d) is incorrect

Important Reports by World Bank:
- World Development Report
- Remittances & Migration Report
- Global Economic Prospects
- Poverty and Shared Prosperity Report
- Global Financial Development Report
- Logistics Performance Index
- World Governance Indicators
- Global Monitoring Report

Answer: (c) World Economic Forum; Difficulty Level: Medium

2019, PYQs