These are the 10 most efficient governments in the world

A report from the World Economic Forum has revealed the ten most, and least, efficient governments.

The Global Competitiveness Report evaluated the efficiency of 144 of the world’s governments on measures including the wastefulness of government spending, burden of regulation and transparency of policymaking, to produce an overall global ranking.

The UK placed 14th for government efficiency, whereas the Republic of Ireland placed 18th.

The World Economic Forum said:

The efficiency of government has a significant bearing on a country’s competitiveness and economic growth. Excessive bureaucracy and regulation, a lack of transparency, and inadequate legal frameworks all impose additional costs on business and impede expansion.

Qatar emerges as the country with the most efficient government, closely followed by Singapore. Rwanda’s strong showing in seventh position was secured thanks in large part to the low level of waste in government spending.

At the other end of the scale, Venezuela has the least efficient government, some way behind Italy and Argentina in second and third places.

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