The Global Competitiveness Report has been published annually by the World Economic Forum for many years now, and each time it gets published a whole lot of people make a bit of fuss about it.

So what is the fuss about? Does our country's competitiveness make any difference to us? What would an improvement in the rating mean for us Malaysians?

While economists and policy makers in the country are all abuzz about the report, let's see if the rest of us can get a grip on what the report means to our near future.

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