Q. The Global Competitiveness Report is published by the (UPSC Prelims 2019)
Answer:
World Economic Forum
Notes: The correct answer is
[C] World Economic Forum.
The Global Competitiveness Report (GCR) is a flagship publication of the
World Economic Forum (WEF), first launched in 1979.The WEF publishes the GCR to assess the landscape of 140+ economies through the
Global Competitiveness Index (GCI).
The index evaluates factors that determine a country's level of productivity, such as institutions, infrastructure, health, and innovation. Other notable reports by WEF include the
Global Risks Report,
Global Gender Gap Report, and
Travel and Tourism Competitiveness Report.
- International Monetary Fund (Statement A – Incorrect): The IMF primarily focuses on global monetary cooperation and financial stability. Its key publications are the World Economic Outlook (WEO) and the Global Financial Stability Report (GFSR).
- UNCTAD (Statement B – Incorrect): The United Nations Conference on Trade and Development focuses on trade, investment, and development issues. Its major report is the World Investment Report.
- World Bank (Statement D – Incorrect): The World Bank publishes reports centered on global poverty and development, such as the World Development Report, Global Economic Prospects, and (formerly) the Ease of Doing Business index.