Bush Institute Scorecard, 2016 data
How is North America Performing?
The United States excels in the areas of higher Education and training, financial market development, innovation and sophistication, and labor market efficiency. Canada shines when it comes to measures of primary education, property rights protections, credit and labor markets, and financial stability. Mexico rates highly on the ease of obtaining credit and freedom to trade internationally, and is one of the most promising emerging markets in the world today, thanks to the far-reaching economic policy reforms of the past several years.
However, there is also room for improvement. The United States must reduce fiscal deficits and relative indebtedness and restore confidence in its long-term macroeconomic outlook. Above all else, Mexico needs to improve rule of law, strengthen institutions, and reduce corruption. Canada lags in innovation and technology transfer. See our recommendations for more information on these and other opportunities for enhanced North American competitiveness through greater integration in key areas such as infrastructure, energy, and workforce development.