Since we do this on an annual basis we allow countries to track their own performance over time.

Last year the Swiss business leaders we asked placed the country 56th overall on a world scale and it actually dropped to 79th this year. There was a tangible higher sense of pessimism.

For such a wealthy country, and one where there is such innovation, the tertiary enrolment rate in 2003 was 48.7 per cent. Compare that with Finland, which was 87.5 per cent. This is definitely something that should be addressed.