IDEAS home Printed from
   My bibliography  Save this article

Competitiveness and Development of National Economy


  • Vladimir Knezevic

    () (Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia)

  • Dragan Ivkovic

    (Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia)

  • Sladjana Vujicic

    (Faculty of Business Economics and Entrepreneurship, Belgrade, Serbia)


This paper examines the relation between the two, may be the most pressing, phenomena of the world economy: competitiveness and development. Of course both can be interpreted in several ways, but the most operative way is to consider competitivenes by the methodology of the World Economic Forum's Global Competitiveness Index, and the development by the gross of domestic product per population. The intent is to determine what is the conection between these two indicators in general, and to pass the question in such a way, and to establish a methodology for further analysis of individual groups of countries considered in the report of the World Economic Forum's Global Competitiveness in the world. Therefore, we use correlation analysis between the observed indicators for the economy after 2005, since the above-mentioned study and implement competitiveness, with an accent on the last mid-term because of current events. The answer to the question: what is the relationship between these indicators in the timeline for all countries concerned is excpected. It is also important for the countries of the former Yugoslavia as a guide in the efforts to retrieve the position in the world economy.

Suggested Citation

  • Vladimir Knezevic & Dragan Ivkovic & Sladjana Vujicic, 2014. "Competitiveness and Development of National Economy," Economic Analysis, Institute of Economic Sciences, vol. 47(1-2), pages 111-126.
  • Handle: RePEc:ibg:eajour:v:47:y:2014:i:1-2:p:111-126

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    competitiveness; development; correlation; crises;

    JEL classification:

    • F29 - International Economics - - International Factor Movements and International Business - - - Other


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibg:eajour:v:47:y:2014:i:1-2:p:111-126. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zorica Bozic). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.