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Business Strategies for the Muslim World
  
 
July 2008: Rajab 1429: Issue 27 
 

 
 

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Business Competitiveness Index
Malaysian, Emirates and Tunisian companies lead the Muslim world as being most competitive

Malaysian, Tunisian and Jordanian companies lead the Muslim world as being most competitive. This according to the Business Competitive Index (BCI) produced by the World Economic Forum. It is part of an Annual Global Competitiveness Report.   104 countries, representing 98% of world GDP, are included in the 2004-2005 Report.

Co-Directors of The Global Competitiveness Report are Klaus Schwab, Executive Chairman of the World Economic Forum, and Michael E. Porter, Bishop William Lawrence Professor at Harvard Business School, Harvard University.

Professor Porter presents the results of the Business Competitiveness Index (BCI), an especially useful complement to the GCI, with its emphasis on a range of company-specific factors conducive to improved efficiency and productivity at the micro level, such as the sophistication of the operating practices and strategies of companies, and the quality of the microeconomic business environment in which a nation's companies compete.

The BCI analyzes the productivity of companies within each country. It derives the Index from two subindexes, 1) the sophistication of company operations and strategy, and 2) the quality of the national business environment.

The following listing has been filtered for the represented (18) OIC member states.

The top 10 Countries with most competitive business environments are in order; United States, Finland, Germany, Sweden, Switzerland, United Kingdom, Denmark, Japan, and Netherlands.

BCI Ranking of OIC* Member States
OIC
Rank
BCI
Rank
Country
1

26

Malaysia

2
28
U.A.E
3

32

Tunisia

4
40
Bahrain
5

43

Jordan

6
44
Indonesia
7

46

Morocco

8

52

Turkey

9

66

Egypt

10

67

Gambia

11

71

Uganda

12

73

Pakistan

13

81

Nigeria

14

89

Algeria

15

91

Mali

16

95

Bangladesh

17

96

Mozambique

18

102

Chad

Source: 2004-2005 Global Competitiveness Report, Global Competitiveness Programe, World Economic Forum.
*OIC (Organization of Islamic Conference)

 

 

 

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