LatinNews Daily - 10 October 2019

* The World Economic Forum (WEF) has published the latest edition of its annual Global Competitiveness Report, which show Colombia climbed three positions in the global competitiveness ranking compared with 2018 to rank 57^th out of 141 countries. The report analyses 12 pillars of competitiveness, encompassing topics such as infrastructure, business dynamism and market size. Colombia was surpassed in Latin America only by Chile (33^rd), Mexico (48^th), and Uruguay (54^th). According to the report, Colombia’s strengths include health and macroeconomic stability, ranked overall 16^th and 43^rd respectively, while weaknesses are institutions (92^nd) and innovation capacity (77^th).

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