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Economic reality versus perception in the global competitive index: case of Dominican Republic

Author

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  • Moisés Banks

    (Universidad APEC (UNAPEC), Dominican Republic)

Abstract

The apparent decline of the dominican republic in the global competitiveness index report 2017-2018, published by the world economic forum, in comparison with the previous report, aroused the interest in investigating the link between economic growth of a country and its rating in the referred index. to determine relationship, the information contained in this report was examined, as well as data from entities of great international prestige. in addition, the concept of competitiveness was reviewed from the academic point of view, data on economic indicators were weighted, as well as a statistical analysis was made. the results contradict the statements about the existence of a direct positive relationship between economic growth and the place occupied by the country in the ranking. in addition, the negative impact of the evaluations based on answers to questions of the survey applied to senior executives of companies in the evaluated countries is evident.

Suggested Citation

  • Moisés Banks, 2022. "Economic reality versus perception in the global competitive index: case of Dominican Republic," ABEM Conference Proceedings, Academy of Business and Emerging Markets (ABEM), Canada, number 023442, July.
  • Handle: RePEc:ris:abemcp:023442
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