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Sunday 20 June 2021
HomeNewsTunisia ranks 2nd in Change Readiness Index

Tunisia ranks 2nd in Change Readiness Index

Tunisia has been ranked 2nd, just behind Chile, out of 60 emerging countries in the Change Readiness Index.

The Index is set by one of the largest professional services networks in the world and one of the Big Four auditors (KPMG).

Tunisia has been identified as having the ability to grasp the opportunities of a rapidly changing global economy.

Rather than focusing on a country’s performance to date (like most indexes), the Change Readiness Index looks to long-term potentials.

It deals with factors that determine a country’s ability to manage change. This ability is seen by KPMG analysis as one of the main factors contributing to sustainable development and economic growth over the long term.

Tunisia was ranked ahead of Taiwan (3rd), Jordan (4th), Kazakhstan (5th) and Morocco (6th).

According to analysts, smaller countries were best geared to change, seen as the critical factor in determining the capacity for sustained, long-term growth.

Tunisia came 29 places ahead of Brazil and 24th places ahead of South Africa which are part of the BRICS (Brazil, Russia, India, China and South Africa), while China the second largest economy in the world was ranked 13th and India and Russia finished 23rd and 51st, respectively.

To compile this index, KPMG looked at economic diversification, corruption, entrepreneurship, the relationship between business and government, the health of civil society and the investment climate as some of the indicators.

The idea of a Change Readiness Index was floated at the World Economic Forum in Davos last year and over the past few months KPMG and the development institute have been using work by the Economist Intelligence Unit to compile their league table.

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