CongressWatch No.179 – Fighting the smuggling scourge
5 December 2013 – In the 2013-2014 Global Competitiveness Report (GCR) of the World Economic Forum, the Philippines ranked 59th overall out of 148 covered economies—a significant improvement from rank 85 out of 139 in 2010-2011. However, a closer look at the figures reveals that our competitiveness numbers might have been better had they not been dragged down by certain indicators, particularly those related to customs and trade facilitation.