Some Thoughts on the “Global Competitiveness”
Despite the argument by Krugman that “economists, in general, do not use the word competitiveness”, a cursory survey of the literature reveals a wide range of definitions of competitiveness and frequent usage of the concept. Moreover, although research on competitiveness has been popular for forty years, in recent time it appears to be flourishing as many economic phenomena are assessed according to whether they are competitive or non-competitive. This probably explains why the last several years have witnessed a growing academic and political debate over better ways to conceptualize and measure competitiveness. More
