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Competitiveness In The Age Of Globalization. The Case Of Romania

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  • Toma Sorin-George

    ()
    (University of Bucharest, Faculty of Administration and Business)

  • Marinescu Paul

    ()
    (University of Bucharest, Faculty of Administration and Business)

  • Ianole Rodica

    ()
    (University of Bucharest, Faculty of Administration and Business)

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    Abstract

    The fundamental determinant of the competitiveness of a nation is the productivity of the companies acting in its economy. In the age of globalization, countries compete not only for markets, technology, skills and investments, but also for raising their standards of living. The national prosperity is highly affected by competitiveness, defined as the productivity with which a nation uses its resources. The objectives of our paper are to analyze the concept of national competitivenes and to outline the importance of competitiveness in today's uncertain world. In this respect, we consider competitiveness as a multifaceted concept including both quantitative and qualitative aspects. The objectives of our paper were achieved by reviewing the literature, and by presenting the case of Romania.

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    Bibliographic Info

    Article provided by University of Oradea, Faculty of Economics in its journal The Journal of the Faculty of Economics - Economic.

    Volume (Year): 2 (2008)
    Issue (Month): 1 (May)
    Pages: 507-511

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    Handle: RePEc:ora:journl:v:2:y:2008:i:1:p:507-511

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    Keywords: competitiveness; productivity; Romania; globalization;

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    1. Jan Fagerberg & Mark Knell & Martin Srholec, 2004. "The Competitiveness of Nations: Economic Growth in the ECE Region," Working Papers on Innovation Studies 20040223, Centre for Technology, Innovation and Culture, University of Oslo.
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