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OTHER NEWS - June 22, 1993

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From Times Staff and Wire Reports

Japan’s Competitiveness Sagging as U.S. Gains: An annual study said Japan’s position as the leader among developed economies is slipping, while the United States is again a contender for the top spot. Germany has gone into decline, while Singapore tops the league of emerging economies for the fifth year in a row. Newcomer Chile is ahead of South Korea. The authoritative World Competitiveness Report, covering 38 countries, is compiled annually by the Geneva World Economic Forum and the Lausanne International Institute of Management Development.

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