The Issues of Competitiveness. Romania's Competitive Positioning in Global Context
The concept of competitiveness has always been of interest in economic literature, presented under various definitions and aspects, from determinants of competitiveness at microeconomic level to the issues regarding countries' competitive performance in global environment. Competitiveness is approached from different perspectives, such as productivity, technological innovation, capital investment, structural policies, education and training, technological progress, macroeconomic stability, good governance, the rule of law, transparent institutions, optimal market size, the ability to produce better and cheaper, etc., none of them excluding the other. Based on such indexes, rankings measuring countries' competitiveness have been developed, in order to provide the less competitive useful information in shaping future policies. According to such a ranking (The Global Competitiveness Score, by World Economic forum), Romania's competitive position has slightly improved in the last years, but there are a large number of indexes showing regress (e.g. budget deficit, infrastructure, flexibility of wage determination) or and some problematic issues for companies (e.g. tax regulations, instability of public policies, access to finance). In order to further solidify the country's competitive position, despite major short-term challenges, it has to put economy on a more sustainable footing, focusing on institutional environment, strengthening the financial sector and invest in infrastructure, education and innovation.
Volume (Year): X (2010)
Issue (Month): 1 (May)
|Contact details of provider:|| Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:91-96. 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: (Jeflea Victor)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.