Question 87 from UPSC CSE 2019 - Current Affairs

Question

The Global Competitiveness Report is published by the

Accepted Answer

Correct Option: C. World Economic Forum

Strategy: Focus on the unique association between major international reports and their publishing bodies. The Global Competitiveness Report is widely linked to the World Economic Forum, which is a private, non-governmental organization known for research on global economic trends and competitiveness. The other options—IMF, UNCTAD, and World Bank—have distinct flagship publications but not this report. Quick factual recall and keyword association with 'World Economic Forum' secure the answer.

Key Info: The Global Competitiveness Report (GCR) is an annual publication by the World Economic Forum (WEF), headquartered in Geneva, Switzerland. First published in 1979, it assesses the competitiveness landscape of economies around the world, providing insights into drivers of productivity and prosperity using the Global Competitiveness Index (GCI). The report evaluates multiple pillars such as infrastructure, technological readiness, macroeconomic environment, health, education, and innovation. The WEF is known for research on economic policy, business performance, and organizing the annual Davos summit. In contrast, the International Monetary Fund (IMF) publishes the World Economic Outlook; United Nations Conference on Trade and Development (UNCTAD) publishes the World Investment Report; and World Bank releases the World Development Report. The Global Competitiveness Report is frequently cited in development and policy literature for benchmarking nations' economic environments.

Answer

Option A: International Monetary Fund

Answer

Option B: United Nations Conference on Trade and Development

Answer

Option D: World Bank