Page 25 - Policy Economic Report - December 2024

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

4. Good health and primary education

5. Higher education and training

6. Efficient goods markets

7. Efficient labour markets

8. Developed financial markets

9. Ability to harness existing technology

10. Market size—both domestic and international

11. Production of new and different goods using the most sophisticated production processes

12. Innovation

The demands of citizens, international collaboration in establishing new key performance indicators
(KPIs), and the imperative to reduce emissions are compelling the global economy to embrace a fresh set
of KPIs.

Further, what creates productivity in Sweden is necessarily different from what drives it in Ghana. Thus,
the GCI separates countries into three specific stages: factor-driven, efficiency-driven, and innovation-
driven, each implying a growing degree of complexity in the operation of the economy.

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