Osborne has made no secret of his mission to develop the most competitive tax system in the G20.
He added: "Our actions, such as the creation of the most competitive tax system in the G20 and reducing corporation tax to 23% by 2014, will help create the right conditions for balanced and sustainable economic growth".
Hong Kong has one of the most competitive education systems in the world wherein examinations are heavily emphasised (Biggs 1992; Education Commission 2000; Watkins 2009).
(America has the most competitive health-care system in the world — and also the most expensive).
He said: "Our commitment to the most competitive corporate tax system goes hand in hand with our call for strong international standards to make sure that global companies, like anyone else, pay the taxes they owe.
"This government is committed to creating the most competitive corporate tax system in the G20, but this goes hand-in-hand with our call for strong international standards to make sure that global companies, like anyone else, pay the taxes they owe," a Treasury spokesman said.
Low-speed maglev transportation has become one of the most competitive green ground transportation systems by the virtue of low noise, excellent climbing ability, small turning radius and many other advantages.
While federal grants are a main source of financial aid, they remain the most competitive of almost all funding systems.
As the world's largest business federation, the U.S. Chamber seeks the viewpoints of people from across the political and ideological spectrum on the critical issues of the day, especially how to ensure that our capital markets and capital formation system are the most competitive, transparent, liquid and modern on earth.
Li-ion batteries storage system performed the best in critical excess electricity production (CEEP) absorption, energy saving and emission reduction while NaS batteries storage system was the most competitive among the three due to its cheaper costs.
