Mexico climbs two positions in World Competitiveness Ranking

The IMD (International Institute for Management Development) today announced its annual world competitiveness ranking.

As part of its ranking of 61 economies for 2015, the IMD World Competitiveness Center looks at several aspects of each country as a place to conduct business.

Among large emerging economies, Brazil (54 to 56) and South Africa (52 to 53) slightly drop, China (23 to 22) and Mexico (41 to 39) experience improvements.

The United States remained in the first place, as a result of its solid business environment and the financial sector.