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The Relevance of Composite Indicators to Measure Countries Competitiveness

Author

Listed:
  • Corduneanu Carmen

    (West University of Timiºoara, Faculty of Economics and Business Administration)

  • Moldovan Nicoleta–Claudia

    (West University of Timiºoara, Faculty of Economics and Business Administration)

Abstract

Competitiveness represents a dynamic process which long time ago ceased to concern only the business environment, entering the sphere of interest of the political environment and debate on academic level. The objective of this work is to offer a reference system which should represent a foundation for the analysis of the competitiveness measuring way according to different levels of reference, for the determination of the strategies intended for its stimulation, being considered a foreground objective in the global economy. Secondly, we intend to provide some evidences for the composite indicators to measure competitiveness, developed by the World Economic Forum, International Institute for Management Development, Heritage Foundation, European Commission or Financial Times Group, they emphasizing the citizens welfare, the economic freedom, the innovational process on the European level, the capacity of developing a lasting growth, the attractiveness of the European cities and regions for the foreign investors or the global economic soundness of economies.

Suggested Citation

  • Corduneanu Carmen & Moldovan Nicoleta–Claudia, 2012. "The Relevance of Composite Indicators to Measure Countries Competitiveness," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(3), pages 1-9, Decembre.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:3:p:9
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    More about this item

    Keywords

    competitiveness; economic growth; international finance; globalization;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts

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