Transparency international - corruption perceptions index 2010
Transparency international, an international organization at the forefront of combating corruption, has just published its 2010 corruption perceptions index (CPI). This composite index measures by country the perception of corruption in the public sector. It is calculated based on information from 13 surveys with experts and business decision-makers. The institutional and regulatory framework affects the way resources are distributed, investment decisions are oriented and how creativity and innovation are stimulated. The institutional framework contributes to stability and security for (business) decision-makers. The CPI varies between 0 (high level corruption) and 10 (high level of integrity) in the 177 countries analyzed
Denmark leads the 2010 edition of the study followed by New Zealand and Singapore with a score of 9.3. Germany is ranked 15th, Belgium 22nd and France 25th. In Europe, Luxembourg is located at the 7th position. Luxembourg is therefore analyzed as one of the countries where corruption is perceived to be the least important.
For more information, go to http://www.transparency.org/policy_research/surveys_indices/cpi/2010/results
Luxembourg as a world's broadband leader
Luxembourg as a world's broadband leader
Luxembourg's leadership in information and communications technology has been confirmed once again. For the second year in a row, Luxembourg figures in the top 5 of the Broadband leadership ranking 2010 - an annual study from Saïd Business School and Oxford University (sponsored by Cisco). The study analyses broadband quality in 72 countries and 239 cities worldwide.
Luxembourg improved its position from the 9th place in 2008 to the 5th place in 2010.
The results of this third edition of the study show that Luxembourg is an “innovation economy” , enjoying leading broadband penetration “with take-up reaching 100% of households” and able to “'comfortably enjoying today's applications".
Quality was measured by evaluating download, upload (throughput) and latency capabilities of an Internet connection combined in a single 'Broadband Quality Score' for each country.
For more details on the report: http://newsroom.cisco.com/dlls/2010/prod_101710.html
Luxembourg ranks 6th in European economic sustainability index
The think tank European Policy Centre (EPC) has published a new composite index called European economic sustainability index whose object is to measure the sustainability of the European economies, both in the short, medium and long term. According to the EPC, the markets, the press and politicians currently seem to focus too much on the short term, i.e. deficits, the economic slowdown and debt, while the medium and long term challenges behind the debt have receive relatively little attention. However, the ability of European countries to manage challenges ahead, such as national competitiveness, will determine in more detail which economies will be sustainable. The main objective of this composite indicator is therefore to show in what areas the economic sustainability of European countries could be put at stake.
The composite index is built on six categories of indicators which are equi-weighted: public deficits, debt, economic growth, competitiveness, governance and corruption, and eventually the cost of an ageing population. These categories of indicators were selected to reflect a balance between short, medium and long term sustainability.
The 2010 classification is led by Sweden, followed by Denmark and Estonia. Luxembourg occupies the 6th position together with Germany, and is part of the highly sustainable categorized countries. Belgium occupies the 13th rank and France 15th rank. The classification has also been re-evaluated for 2007 in which Luxembourg was still in 7th position.
A more refined analysis of the results shows that the positions of different countries vary in the six categories. Luxembourg ranks well in five categories. However, in the cost related to the ageing population, Luxembourg is assigned the lowest score in the whole ranking.
The report also delivers an analysis based on a change of weighting in each category. By making long-term 'competitiveness/corruption' more important (and assigning therefore less importance to the short term "growth/deficit"), Luxembourg ranks 7th and therefore loses 1 rank compared to the equi-weighted ranking. However, putting more weight on the short-term "growth/deficit", Luxembourg gains two positions. Finally, by removing all long-term categories, Luxembourg is ranked 2nd behind Estonia, and one position in front of Bulgaria.
Mercer – Cost of Living Survey 2010
29 June 2010: Mercer has just published the 2010 edition of its “cost of living” survey.
The Mercer survey covers 214 cities across five continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. It is the world’s most comprehensive cost of living survey and is used to help
multinational companies and governments determine compensation allowance for their expatriate employees.
For the first time, the ranking of the world’s top 10 most expensive cities includes three African urban centres: Luanda (1) in Angola, Ndjamena (3) in Chad and Libreville (7) in Gabon. The top ten also includes three Asian cities; Tokyo (2), Osaka (6) and Hong Kong (jointly ranked 8). Moscow (4), Geneva (5) and Zurich (joint 8) are the most expensive European cities, followed by Copenhagen (10).
In the 2010 edition, Luxembourg ranks (55) compared to (33) in 2009 showing that the overall cost of living for expatriates have clearly decreased.
( Source: Mercer.com)
For more information, go to http://www.mercer.com/costofliving
Luxembourg ranks 11th in latest IMD World Competitiveness Survey
The IMD World Competitiveness Yearbook (WCY) is the world’s most renowned and comprehensive annual report on the competitiveness of nations, ranking and analyzing how a nation’s environment creates and sustains the competitiveness of enterprises.
This year´s lead is taken by Singapore, Hong Kong and the United States. Luxembourg ranks (11) of overall 58 countries analysed. Compared to 2009, Luxembourg (12) improved its overall ranking by one position.
For further information, go to http://www.odc.public.lu/actualites/2010/05/IMD2010/index.html ( in French only)