Here's how the United States ranked on the various criteria in the 2010-2011 Global Competitiveness Report.
The picture is not good. One of the few categories in which the US leads the world is "University-industry collaboration in R&D" -- and many engineering and science department chiefs, most recently at UC San Diego, tell me that America can't afford to take this leadership position for granted.
2.1: Country/Economy Profiles
The Global Competitiveness Index in detail
INDICATOR RANK/139
UNITED STATES
1st pillar: Institutions
1.01 Property rights.........................................................................402nd pillar: Infrastructure
1.02 Intellectual property protection ...............................................24
1.03 Diversion of public funds.........................................................34
1.04 Public trust of politicians .........................................................54
1.05 Irregular payments and bribes.................................................40
1.06 Judicial independence .............................................................35
1.07 Favoritism in decisions of government officials ......................55
1.08 Wastefulness of government spending ..................................68
1.09 Burden of government regulation ...........................................49
1.10 Efficiency of legal framework in settling disputes ..................33
1.11 Efficiency of legal framework in challenging regulations ........35
1.12 Transparency of government policymaking.............................41
1.13 Business costs of terrorism ..................................................125
1.14 Business costs of crime and violence.....................................84
1.15 Organized crime ......................................................................86
1.16 Reliability of police services ....................................................26
1.17 Ethical behavior of firms..........................................................30
1.18 Strength of auditing and reporting standards..........................55
1.19 Efficacy of corporate boards ...................................................28
1.20 Protection of minority shareholders' interests ........................40
1.21 Strength of investor protection* ...............................................5
2.01 Quality of overall infrastructure ...............................................233rd pillar: Macroeconomic environment
2.02 Quality of roads .......................................................................19
2.03 Quality of railroad infrastructure..............................................18
2.04 Quality of port infrastructure ...................................................22
2.05 Quality of air transport infrastructure ......................................32
2.06 Available airline seat kilometers* ..............................................1
2.07 Quality of electricity supply .....................................................23
2.08 Fixed telephone lines* ............................................................16
2.09 Mobile telephone subscriptions* ............................................71
3.01 Government budget balance* ...............................................1184th pillar: Health and primary education
3.02 National savings rate* ...........................................................130
3.03 Inflation*..................................................................................15
3.04 Interest rate spread*...............................................................26
3.05 Government debt* ................................................................122
3.06 Country credit rating*..............................................................11
4.01 Business impact of malaria .......................................................15th pillar: Higher education and training
4.02 Malaria incidence*.....................................................................1
4.03 Business impact of tuberculosis .............................................53
4.04 Tuberculosis incidence* ............................................................6
4.05 Business impact of HIV/AIDS..................................................80
4.06 HIV prevalence* ......................................................................89
4.07 Infant mortality* ......................................................................41
4.08 Life expectancy* .....................................................................34
4.09 Quality of primary education ...................................................34
4.10 Primary education enrollment rate* ........................................79
5.01 Secondary education enrollment rate* ...................................456th pillar: Goods market efficiency
5.02 Tertiary education enrollment rate*...........................................6
5.03 Quality of the educational system...........................................26
5.04 Quality of math and science education...................................52
5.05 Quality of management schools .............................................11
5.06 Internet access in schools.......................................................14
5.07 Local availability of research and training services..................10
5.08 Extent of staff training.............................................................10
6.01 Intensity of local competition ..................................................167th pillar: Labor market efficiency
6.02 Extent of market dominance.....................................................9
6.03 Effectiveness of anti-monopoly policy ....................................17
6.04 Extent and effect of taxation...................................................71
6.05 Total tax rate*..........................................................................89
6.06 Number of procedures required to start a business* .............34
6.07 Time required to start a business*..........................................13
6.08 Agricultural policy costs...........................................................58
6.09 Prevalence of trade barriers ....................................................67
6.10 Trade tariffs*............................................................................32
6.11 Prevalence of foreign ownership ............................................47
6.12 Business impact of rules on FDI .............................................77
6.13 Burden of customs procedures...............................................48
6.14 Degree of customer orientation ..............................................22
6.15 Buyer sophistication ................................................................13
7.01 Cooperation in labor-employer relations..................................338th pillar: Financial market development
7.02 Flexibility of wage determination ............................................34
7.03 Rigidity of employment* ...........................................................1
7.04 Hiring and firing practices..........................................................6
7.05 Redundancy costs* ...................................................................1
7.06 Pay and productivity ..................................................................9
7.07 Reliance on professional management ...................................15
7.08 Brain drain .................................................................................3
7.09 Female participation in labor force* ........................................49
8.01 Availability of financial services ...............................................159th pillar: Technological readiness
8.02 Affordability of financial services.............................................21
8.03 Financing through local equity market ....................................36
8.04 Ease of access to loans...........................................................34
8.05 Venture capital availability........................................................13
8.06 Restriction on capital flows .....................................................69
8.07 Soundness of banks..............................................................111
8.08 Regulation of securities exchanges ........................................64
8.09 Legal rights index* ..................................................................20
9.01 Availability of latest technologies ..............................................710th pillar: Market size
9.02 Firm-level technology absorption ............................................11
9.03 FDI and technology transfer....................................................55
9.04 Internet users* ........................................................................17
9.05 Broadband Internet subscriptions* .........................................16
9.06 Internet bandwidth* ................................................................29
10.01 Domestic market size index*....................................................111th pillar: Business sophistication
10.02 Foreign market size index* .......................................................2
12th pillar: Innovation
11.01 Local supplier quantity.............................................................11
11.02 Local supplier quality ...............................................................14
11.03 State of cluster development....................................................6
11.04 Nature of competitive advantage ............................................19
11.05 Value chain breadth .................................................................15
11.06 Control of international distribution ...........................................8
11.07 Production process sophistication...........................................11
11.08 Extent of marketing...................................................................1
11.09 Willingness to delegate authority..............................................8
12.01 Capacity for innovation ..............................................................6
12.02 Quality of scientific research institutions ..................................4
12.03 Company spending on R&D......................................................6
12.04 University-industry collaboration in R&D...................................1
12.05 Gov't procurement of advanced tech products ........................5
12.06 Availability of scientists and engineers .....................................4
12.07 Utility patents per million population*.......................................3
This article available online at:
http://www.theatlantic.com/international/archive/2011/10/america-compared/247217/