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Competitiveness Challenges and Opportunities in Light of the Draghi Report

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  • Juhász, Péter

Abstract

Competitiveness has become a central theme in economic policy discussions, reflecting the need for nations, businesses, and individuals to adapt to an increasingly interconnected global economy. Initially applied in corporate strategy, the concept has expanded to national and supranational contexts. This article explores the theoretical and practical dimensions of competitiveness by analysing its implications at different levels – countries, corporations, and individuals – while reflecting on the European Union’s evolving competitiveness strategy, particularly in light of the Draghi Report (2024). This report urges EU member states to adopt cohesive policies addressing challenges such as technological innovation, energy costs, and demographic shifts. The study responds to this call by exploring how competitiveness manifests across these levels and the conflicts that may arise when pursuing this objective.

Suggested Citation

  • Juhász, Péter, 2024. "Competitiveness Challenges and Opportunities in Light of the Draghi Report," Public Finance Quarterly, Corvinus University of Budapest, vol. 70(4), pages 63-78.
    • Handle: RePEc:pfq:journl:v:70:y:2024:i:4:p:63-78
    DOI: https://doi.org/10.35551/PFQ_2024_4_5
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    More about this item

    Keywords

    competitiveness; Draghi Report; measurement; conflicts; development;
    All these keywords.

    JEL classification:

    • F38 - International Economics - - International Finance - - - International Financial Policy: Financial Transactions Tax; Capital Controls
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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