The World Economic Forum launched the Global Competitiveness Index (GCI) as a tool to assess the level of competitiveness of our countries in 2005, and the components of the GCI index have been divided into three sub-indicators: basic requirements and enhanced efficiency, innovation and development, where basic requirements are the key factors to be possessed for high productivity, while Efficiency boosters are the factors that affect the creation of production efficiency, while innovation and development factors are the necessary factors for sustainable growth.
It should be noted that there are three sub-indicators that can determine the level or competitiveness index of the country. The three sub-indicators contain 12 columns with 112 variables.
|Indicator and variable||Ratio|
|Foundation efficiency||20 – 60 %|
|First pillar: institutions||25 %|
|Pillar 2: Infrastructure||25 %|
|Pillar 3: Macroeconomic Environment||25 %|
|The Fourth Pillar: Health and Primary Education||25 %|
|Economic efficiency||35 – 50 %|
|Pillar 5: Higher Education and Training||17 %|
|Pillar 6: Efficiency of the goods market||17 %|
|Pillar 7: Labor Market Efficiency||17 %|
|Pillar 8: Developing financial markets||17 %|
|Pillar 9: Technological Readiness||17 %|
|10th Pillar: Market Size||17 %|
|Efficiency of creativity and innovation||5 – 30 %|
|Pillar 11: Business Evolution||50 %|
|Pillar 12: Research and Development Innovation||50 %|
By reviewing the reality of education in the Arab Gulf countries during (2010-2018) in the Global Competitiveness Index, some points have been reached, the most important of which are:
In conclusion, the education index in economic efficiency is a very important factor, which has always made the education budget the highest.
Badr Salem al, Badraniy
Records of education planning and economics