scholarly journals THE PROBLEMS AND POSSIBILITIES OF INCREASING THE COMPETETIVE ADVANTAGE OF NATIONAL ECONOMY: A CASE OF LABOUR PRODUCTIVITY / ŠALIES ŪKIO KONKURENCINIO PRANAŠUMO DIDINIMO PROBLEMOS IR GALIMYBĖS: DARBO PRODUKTYVUMO ATVEJIS

2011 ◽  
Vol 3 (4) ◽  
pp. 35-42 ◽  
Author(s):  
Alma Mačiulytė-Šniukienė ◽  
Narimantas Kazimieras Paliulis
Keyword(s):  
Technological Development ◽  
Labour Productivity ◽  
Intangible Capital ◽  
World Economic Forum ◽  
Global Competitiveness ◽  
National Competitiveness ◽  
World Economic ◽  
Global Competitiveness Index ◽  
The Impact ◽  
Productivity And Competitiveness

The article reveals a conception of national competitiveness and identifies the impact of the World Economic Forum on the Global Competitiveness Index (GCI). The paper discusses theoretical points and identifies factors determing changes in labour productivity. Also, the analysis of changes in labour productivity in Lithuania (2000–2009) have been performed discovering the causes of a decline in labour productivity in 2009. The article studies the impact of research and technological development (R&D) expenses, wages, direct foreign investments, tangible and intangible capital on labour productivity. The conclusion draws that an increase in investments in the research and development of the business sector is one of the ways to increase labour productivity and competitiveness in Lithuania. Santrauka Straipsnyje atskleista nacionalinio konkurencingumo samprata, nustatyta darbo produktyvumo įtaka „Pasaulio ekonomikos forumo“ skaičiuojamam Pasaulio konkurencingumo indeksui (PKI). Aptarti teoriniai darbo produktyvumo klausimai, nustatyti veiksniai, galintys nulemti darbo produktyvumo pokyčius. Taip pat atlikta Lietuvos darbo produktyvumo pokyčių 2000–2009 m. analizė, nustatytos darbo produktyvumo sumažėjimo 2009 m. priežastys. Ištirta išlaidų moksliniams tyrimams ir technologijų plėtrai (MTTP), darbo užmokesčio, tiesioginių užsienio investicijų, materialaus ir nematerialaus kapitalo įtaka darbo produktyvumui. Prieita prie išvados, kad vienas iš būdų kelti Lietuvos darbo produktyvumą, o drauge ir konkurencingumą – didinti investicijas į MTTP verslo sektorių.

Does Enhancing of the Competitiveness Influence on Foreign Direct Investments in Western Balkan Countries?

2016 ◽  
Vol 1 (2) ◽  
pp. 164 ◽  
Author(s):  
Matea Zlatković
Keyword(s):  
Market Efficiency ◽  
Foreign Direct Investments ◽  
Global Competitiveness ◽  
Technological Readiness ◽  
Regional Market ◽  
National Competitiveness ◽  
Good Market ◽  
World Economic ◽  
Global Competitiveness Index ◽  
Per Capita

Foreign direct investments present a valuable source of national competitiveness as they have attributes of capital flows provide knowledge and technology transfer from one country to target country. In this paper are used variables defined by World Economic Forum which construct Global Competitiveness Index for assessing competitiveness of the country. The purpose of the research is to examine does the national competitiveness increase enhance the level of FDI flows in transition Western Balkan economies that are not yet full members of European Union. The findings claim that larger increase in FDI per capita stocks in majority analyzed countries would have if making infrastructure more competitiveness, accelerate their technological readiness and improve innovation while certain countries should work on health and primary education and higher education and training. According to the results, there is no correlation between FDI flows and macroeconomic environment, institutions, development of financial markets, good market efficiency, labor market efficiency and business sophistication. Applying benchmark method, it is established the most competitive WB country as benchmark value for other transition countries in its neighborhood for enhancing their competitiveness, specially in the regional market. Also, it is obtained what if analysis to detect potential rise of FDI per capita stocks as a consequence of potential changes in some competitiveness variables. It is also calculated the potential increase in FDI/capita due to similar changes in different competitiveness variables.

From Redistributing Wealth to Creating Prosperity in the Russian Federation: Findings from the Global Competitiveness Index (The Russia Competiveness Report 2011. Ch. 1.1 / World Economic Forum, Eurasia Comtetiveness Institute)

2011 ◽  
pp. 4-40
Author(s):  
M. Drzeniek-Hanouz ◽  
A. Prazdnichnykh
Keyword(s):  
Russian Federation ◽  
World Economic Forum ◽  
Global Competitiveness ◽  
The World ◽  
World Economic ◽  
Global Competitiveness Index ◽  
The Russian Federation ◽  
Competitiveness Index

The journal version of Chapter 1.1 of "The Russia Competitiveness Report 2011: Laying the Foundation for Sustainable Prosperity" prepared by the World Economic Forum and Eurasia Competitiveness Institute analyzes major problems Russia is faced with in this field. Three advantages and five systemic weaknesses of the country are considered. The analysis on the basis of the Global Competitiveness Index shows that real improvements along these five directions could lead to significant increase in competitiveness and growth of welfare in Russia.

scholarly journals DOES THE GLOBAL COMPETITIVENESS INDEX DEMONSTRATE THE RESILIENCE OF COUNTRIES TO ECONOMIC CRISES?

Ekonomika ◽  
2017 ◽  
Vol 95 (3) ◽  
pp. 28-36 ◽  
Author(s):  
Vaiva Petrylė
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Living Standards ◽  
Gdp Growth ◽  
World Economic Forum ◽  
Global Competitiveness ◽  
World Economic ◽  
Global Competitiveness Index ◽  
Competitiveness Index ◽  
Sustainable Economic Growth

The concept of a country’s competitiveness still does not have a clear and straightforward meaning and remains ambiguous. Different economists stress various aspects of the concept and use a number of different methods to evaluate how competitive a country is. This paper focuses on the Global Competitiveness Index, which is calculated by the World Economic Forum and is one of the most well-known measures of competitiveness. The World Economic Forum (2015) defines the competitiveness of a country as a “set of institutions, policies and factors that determine the level of productivity of a country” and argues that productivity “is the main long-run engine for growth, living standards and prosperity”. The definition suggests that a higher competitiveness ranking shows higher productivity of the country’s economy, which should lead to higher and more sustainable economic growth. In addition, economic growth leads to higher living standards and prosperity of the country’s citizens. In the light of the definition, the paper forms the hypothesis that if a country is ranked to be more competitive (i.e., its Global Competitiveness Index is higher), it should have greater resilience to an economic crisis than less competitive countries. In other words, more competitive countries should have higher and more sustainable economic growth rates than the less competitive countries. In order to check this hypothesis, the paper uses the graphical analysis method and examines the relationship between the Global Competitiveness Index and the economic growth of countries during the period of 2006-2015. The research findings show that there is a weak or no relationship between the Global Competitiveness Index and the GDP growth of countries; however, it is a negative relationship between the Global Competitiveness Index and the standard deviation of the country’s GDP growth. The results argue that the Global Competitiveness Index is not capable of forecasting the future GDP growth rates of a country; however, the Global Competitiveness Index indicates if the country avoids sharp fluctuations in its GDP growth rates and maintains sustainable economic growth throughout the period.

RESEARCH ON CHANGES IN THE GLOBAL COMPETITIVENESS LATVIA IN 2009-2019

2019 ◽  
Vol 6 ◽  
pp. 555
Author(s):  
Jeļena Volkova ◽  
Ēvalds Višķers
Keyword(s):  
Positive Impact ◽  
World Economic Forum ◽  
Baltic States ◽  
Global Competitiveness ◽  
National Economic ◽  
The Status ◽  
World Economic ◽  
Global Competitiveness Index ◽  
Competitiveness Index ◽  
The Baltic

In the era of globalization the term competitiveness has become of essential importance. Each country is showing its interest in it because the results of national economic processes depend on its successful alignment with the international market. The aim of this research is to define the changes in the Latvia’s Competitiveness Index in comparison with the Baltic States during the period 2009-2019. To achieve this aim the following methodology was used: scientific inductive and deductive methods,the monographic and the data based method. The research is based on the results of the assessement of the „Global Competitiveness Index”introduced by the World Economic Forum. Regardless of the methodological drawbacks and changes, the GCI states the status of Estonia as an economic leader among the Baltic States. The tendency seen in the last years shows the levelling of the competitiveness of the Baltic States that can have a positive impact on the development of the region in the further period.  

scholarly journals Análise do impacto das patentes no índice global de inovação com aplicação de lógica paraconsistente anotada

Exacta ◽  
2014 ◽  
Vol 12 (2) ◽  
pp. 173-182
Author(s):  
Demesio Carvalho Sousa ◽  
Rodrigo Franço Gonçalves ◽  
Lilian Sayuri Sakamoto ◽  
Jair Minoro Abe ◽  
Jose Benedito Sacomano
Keyword(s):  
Business School ◽  
World Economic Forum ◽  
Global Competitiveness ◽  
Global Innovation ◽  
The World ◽  
World Economic ◽  
Global Competitiveness Index ◽  
Competitiveness Index

Neste artigo, estuda-se a importância das patentes e seu impacto no The Business School for the World do Global Innovation Index (GII, 2012) e no desenvolvimento econômico dos países emergentes mediante análise do The Global Competitiveness Index (GCI, 2013) do World Economic Forum (WEF). Os países abordados neste estudo são: Brasil, Rússia, Índia, China e África do Sul (BRICS). Neste contexto, busca-se responder as duas seguintes proposições: A – as patentes podem influenciar de forma favorável o desenvolvimento da inovação de um país integrante do Brics. B – as patentes não influenciam de forma desfavorável nenhum país componente do Brics. A metodologia utilizada privilegiou dados secundários obtidos nos relatórios GII e GCI suportada por uma revisão de literatura e criação de um algoritmo para-analisador. A aplicação da Lógica Paraconsistente Anotada (LPA-2v) forneceu parâmetros para analisar e discutir os resultados a fim de formular estratégias e avaliar tendências.

Application of Statistical Visualization Tools on Global Competitiveness Data

2014 ◽  
pp. 14-27 ◽  
Author(s):  
Ulas Akkucuk
Keyword(s):  
World Economic Forum ◽  
Multivariate Statistical ◽  
Policy Makers ◽  
Global Organizations ◽  
Global Competitiveness ◽  
The World ◽  
World Economic ◽  
Global Competitiveness Index ◽  
Visualization Tools ◽  
Secondary Information

Many global organizations provide valuable sources of country-specific data to the general public. The data are a very good source of secondary information to the global firms making country entry decisions as well as providing input to the policy makers in the international organizations and the country governments. One such organization is the World Economic Forum disseminating the results of a global competitiveness study every year. The Global Competitiveness Index (GCI) focuses on 12 variables that are deemed to be important for the country’s competitiveness and hence suitability for investment. The coverage of the GCI has been increasing over the years. The latest report (2012-2013) carries data on 144 countries. With the amount of data increasing it becomes important to summarize the intrinsic elements with the use of visual tools. Multivariate statistical tools could summarize vast amounts of data while retaining the critical pieces of information and the interdependencies between the variables and the objects. This chapter demonstrates the use of two such techniques, namely Cluster Analysis and Multidimensional Scaling (MDS) on the World Economic Forum 2012-2013 Global Competitiveness data.

scholarly journals Evaluation of Turkic Republics In Terms of Business Feasibility Potential

2015 ◽  
Author(s):  
Serkan Dilek ◽  
Ali Konak
Keyword(s):  
Global Competition ◽  
World Economic Forum ◽  
Significant Progress ◽  
Global Competitiveness ◽  
World Economic ◽  
Global Competitiveness Index ◽  
Competitiveness Index ◽  
Electrical Source ◽  
Remarkable Progress

Today, level of countries’ business feasibility in terms of global competition has a great importance. For businessmen, determination of the level of countries’ business feasibility provides important information about the level of overall business feasibility of the examined countries and plays an important role on understanding the levels of the investment feasibility of countries. In this context, in our search, the levels of business feasibility of countries Azerbaijan, Kazakhstan, and Kyrgzstan presenting available business feasibility index and Global Competitiveness Index between 2004-2014 has been examinated with the help of the business feasibility index prepared by World Economic Forum (WEF), thus it has been trying to put forward strengths and weaknesses in terms of getting feasibility business in these countries. As a result of studies, with together change from country to country and from year to year, the most important barriers in front of the feasibility business in the examined Turkic Republics in recent years, has been determined that they are based on inability to access enough to an electrical source, the lack of protection of investors and inability to perform remarkable progress in the matter of tax paid. After all, in Turkish Republics, it was that there are positive developments in the process of starting work, also significantly reduced in bankruptcy, besides, the realization of significant progress about formalization of property and reaching credit resources and in line with these developments, it has been concluded that Turkic Republics -except Tajikistan- has slightly developments in being business feasible country.

COMPETITIVE STATUS OF UKRAINE

2017 ◽  
Author(s):  
Olena Zayats ◽  
Keyword(s):  
National Economy ◽  
Financial System ◽  
Product Market ◽  
Global Competitiveness ◽  
Innovation Potential ◽  
Wide Range ◽  
Ict Adoption ◽  
World Economic ◽  
Global Competitiveness Index ◽  
One Year

The article examines the competitive status and competitive positions of Ukraine. It proves that in the current context the competitive status of the national economy is determined by the presence of a strong global competitive force that provides dynamic growth based on innovation potential, developed institutions, infrastructure, ICT adoption, macroeconomic stability, health, skills, product market, labor market, financial system, market size, business dynamism rather than by traditional factors (natural resources, geopolitical situation). It has been identified that a wide range of factors in global competitive force establishment suggests the complexity of its assessment. It has been noted that in world economic practice the Global Competitiveness Index of the World Economic Forum is predominantly used to assess the competitive status of the national economy. It has been determined that according to this index, in the overall ranking among 141 countries in 2019, Ukraine ranked 85th (2009-2010 – 82/133; 2018 – 83/140). The article analyzes of the competitive status of Ukraine in the international arena in terms of twelve pillars of the studied index and in the context of components of the said pillars. The dynamics of Ukraine's global competitive force in recent years shows that there has not been any build up. However, if one analyzes it in terms of the criteria of the global competitive force of the domestic economy, their assessment is volatile: the main regression can be traced in the sphere of the financial system, where Ukraine dropped by 19 positions in one year (2018 – 117/140, 2019 – 136/141), and the greatest progress is observed in the product market, where Ukraine rose by 16 positions in one year (2018 – 73/140, 2019 – 57/141). Analysis of the components of Ukraine’s global competitive force criteria shows that the worst positions in terms of such components are as follows: non-performing loans (% of gross total loans) – 139/141 and soundness of banks – 131/141. The best positions are in terms of the following components: costs of starting a business – 14/141 and attitude towards entrepreneurial risk – 18/141.

Gender Impact on the Enterprise Performance

2020 ◽  
pp. 54-62
Author(s):  
Oleksii V. Lyulyov ◽  
Oleksandra I. Karintseva ◽  
Andrii V. Yevdokymov ◽  
Hanna S. Ponomarova ◽  
Oleksandr O. Ivanov
Keyword(s):  
Gender Equality ◽  
Gender Gap ◽  
Gender Representation ◽  
Board Members ◽  
Enterprise Performance ◽  
World Economic Forum ◽  
Return On Assets ◽  
The World ◽  
World Economic ◽  
The Impact

The article describes the situation of gender equality in Ukraine and in the world during the last 5 years, identifies the leading countries in moving towards gender equality in various fields of life by analyzing the indicators of the Global Gender Gap Report of the World Economic Forum. These indicators include: Economic Participation and Opportunity, Educational Attainment, Health and Survival, Political Empowerment, which are the part of a single index that determines the position of countries in the overall ranking. Based on the results of this analysis, Ukraine has improved value of gender equality index, although in the overall ranking of countries Ukraine has lost its position and dropped 11 ranks lower than in 2014. This means that, among all the countries surveyed by the World Economic Forum, there are countries that are moving much faster towards gender equality than Ukraine. In addition, the article includes the investigation of the gender representation among the board members of 5 enterprises of Ukraine for 2014-2017, which represent the leading sectors of the Ukrainian economy. The dynamics of changes in the level of performance of these enterprises using the return on assets (ROA) indicator is analyzed, the relationship between the leadership of the enterprises and the value of the ROA indicator is graphically presented. The obtained results do not give a clear answer about the gender impact on the enterprise performance. The reason for this is a number of factors, such as: insufficient statistical sampling of enterprises; the selected performance indicator of enterprise activities does not fully reflect the impact of the gender factor on enterprise activities; the methodology used in the work needs improvements, or it is necessary to choose a totally new approach to the analysis of the investigated issue under study. Gender representation among board members and its impact on enterprise performance should be investigated further. Key words: gender, gender equality, enterprise board members, return on assets.

Sign in / Sign up

Export Citation Format

Share Document