IDEAS home Printed from
   My bibliography  Save this article

European Competitiveness in the Context of Globalization


  • Daniel STEFAN

    (Christian University “Dimitrie Cantemir”, Bucharest)


The competitiveness is defined as a „set of institutions, policies and factors which determine a country’s level of productivity”. On its turn, the level of productivity establishes a lasting level of prosperity which can be reached by an economy. In other words, the competitive economies tend to be able to produce a higher level of income for their citizens. The level of productivity determines as well the rates of profitability obtained by investments (physical, human and technological), in an economy. Because the rates of profitability are fundamental factors of the economic increase rates, a competitive economy is that which increases faster on long term. The World Economic Forum has founded the analysis of the competitiveness based on the Global Competitiveness index (GCI) since 2005, an extremely comprehensive index for the measuring of national competitiveness, which includes the microeconomic and macroeconomic aspects of the national competitiveness. The competitiveness is almost always restricted to the international price competitiveness, measured by indicators of the exchange, deflated in many ways. Such an analysis focuses only on the results of the exports. Europe has learned many lessons from the recent financial and economic crisis. It is very clear now that in a very well integrated Union, and much more in a monetary union, the economies and successes of the member states are interconnected.

Suggested Citation

  • Daniel STEFAN, 2012. "European Competitiveness in the Context of Globalization," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(4), pages 39-44, November.
  • Handle: RePEc:rsr:supplm:v:60:y:2012:i:4:p:39-44

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Razin, Assaf & Sadka, Efraim, 1991. "International tax competition and gains from tax harmonization," Economics Letters, Elsevier, vol. 37(1), pages 69-76, September.
    2. Zodrow, George R. & Mieszkowski, Peter, 1986. "Pigou, Tiebout, property taxation, and the underprovision of local public goods," Journal of Urban Economics, Elsevier, vol. 19(3), pages 356-370, May.
    Full references (including those not matched with items on IDEAS)


    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:rsr:supplm:v:60:y:2012:i:4:p:39-44. 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: (Adrian Visoiu). 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.

    If CitEc recognized a reference but did not link an item in RePEc 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 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.