Singapore Tops U.S. in World Economic Forum Competitiveness Report

The video discusses the challenges facing the global economy, highlighting the need for long-term investments in productivity growth, human capital, and infrastructure. Despite significant cash injections, many countries, including top economies like the US and Singapore, face a competitiveness gap. The report emphasizes the importance of structural reforms and the impact of trade wars on business sentiment. It calls for urgent action to address these issues to ensure sustainable economic growth.

In what ways do the top economies need to improve to close the competitiveness frontier?

How might the trade war impact business sentiment and investment decisions according to the interview?