South Korea's global competitiveness ranking climbed two spots this year,... thanks to stable economic growth and expanded infrastructure.<br /> According to a report by the International Institute for Management Development,... the nation was ranked 27th in terms of global competitiveness among 63 countries surveyed,... up from 29th the year before.<br />While South Korea saw an improvement in the economic sector,... the country's standing in government efficiency dropped one notch to 29th,... due to worsening public finance and fiscal strategy. <br />
