Expert Answer :The 12 pillars of competitiveness are – Institutio

Solved by a verified expert :Describe and analyze each one of the 12 pillars of competitiveness using your own words (explain why each of them determines the level of a countries competitiveness. Each one(pillar) has to be at least 150 words in total of at least 1800 words:The 12 pillars of competitiveness are: Institutions, Infrastructure, Macroeconomic Environment, Health and Primary Education, Higher Education and Training, Goods market efficiency, Labor Market Efficiency, Financial Market Development, Technological Readiness, Market Size, Business Sophistication, InnovationPs: here is the Global Competitiveness Report where you can get an idea of all 12 pillars of competitiveness: http://reports.weforum.org/global-competitiveness-report-2014-2015/methodology/