Banking Systems Ranked: Who's First, Who's Worst?
Banking Systems Ranked: Who's First, Who's Worst?
http://www.bullionbullscanada.com/intl-commentary/3499-banking-systems-ranked-whos-first-whos-worst
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An institution known as the World Economic Forum has ranked the world's banking systems, as part of its annual Global Competitiveness Report. Before I discuss the results, let me take a minute to introduce this organization to people (like myself) who were not previously familiar with it.
This Swiss-based organization was founded in 1971. It is described by Wikpedia as being best known for its annual forum in Davos, Switzerland which brings together top business leaders, international political leaders, selected intellectuals and journalists to discuss the most pressing issues facing the world...
It describes itself as non-profit and non-partisan. It is funded by a group of 1,000 corporations, and has observer status with the United Nations. In its 2009 meeting, 2500 individuals from 91 countries gathered together, with about 75% of those people described as business leaders.
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