Dimensions of Competitiveness
Dimensions of Competitiveness
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Abstract
Competitiveness among nations is often approached as if it were a sports competition: Some countries win medals, others lose out. This view of countries fighting it out in the economic arena is especially popular in business circles and among politicians. Economists, however, take a very different approach to international economic relations, arguing that international trade leads not to winners and losers but to win–win situations in which all countries profit. This book takes on the sometimes-derided concept of competitiveness, demonstrating the value of systematic analysis in an area too often dominated by special interest groups who use (and abuse) the concept to advance hidden agendas. The chapters range from broad theoretical views to case studies, examining the multiple factors that drive competitiveness. Contributors consider the conceptual framework underlying the World Economic Forum’s approach to competitiveness; differences in per capita gross domestice product between the United States and the European Union; an integrated approach to measuring competitiveness and comparative advantage; divergent trends in price and cost competitiveness in the euro area; methodological issues in constructing competitiveness indicators; taxation and international competitiveness; and a case study of Mexico’s competitiveness in world markets in comparison to China’s.
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Front Matter
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1.
The Economics behind the World Economic Forum’s Global Competitiveness Index
Xavier Sala-i-Martin
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2
Competitiveness, Economic Performance, and Structural Polices: An OECD Perspective
Jean-Philippe Cotis and others
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3
Concepts and Measurements of Competitiveness: Toward an Integrated Approach
Eckhard Siggel
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4
Explaining and Forecasting Euro Area Exports: Which Competitiveness Indicator Performs Best?
Michele C′ Zorzi andBernd Schnatz
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5
An Assessment of the Trends in International Price Competitiveness among EMU Countries
Christoph Fischer
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6
Benchmarking the Competitiveness of Nations: Benevolence versus Equal Treatment?
Harry P. Bowen andWim Moesen
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7
Business Taxes and International Competitiveness: Understanding How Taxes Can Distort Capital Ownership and Designing a Nondistortive International Tax System
Michael S. Knoll
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8.
Competitiveness: A Comparison of China and Mexico
Felicitas Nowak-Lehmann and others
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End Matter
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