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Competitiveness of Nations in the Global Economy. Is Europe Internationally Competitive?
University of Skövde, School of Technology and Society.
2009 (English)In: The International Scientific Conference - Economics and Management 2009, Kaunas University of Technology , 2009, 934-939 p.Conference paper, (Refereed)
Abstract [en]

The Lisbon Agenda from 2000 aims to make the European Union the most competitive economy in the world in 2010. This paper discusses the concept of international competitiveness of nations. While journalists and politicians believe that it is important for a country to be competitive, economist have often a different opinion. The World Economic Forum (WEF) presents two indices: the Global Competitiveness Index (GCI) and the Business Competitiveness Index (BCI). While Europe and the EU on average seem to be not very competitive, several of the European countries are internationally highly ranked. For the WEF a consequence of competitiveness is high standard of living. The paper shows that several of the European countries belong to the ones with the highest living standard in the world. In the sample, 40 European and 4 non-european countries are included. Finally, it could be shown that the correlation coefficients between the rankings of GCI, BCI and living standards are high and positive.

Place, publisher, year, edition, pages
Kaunas University of Technology , 2009. 934-939 p.
Series
Economics & Management, ISSN 1822-6515 ; 2009:14
Keyword [en]
Lisbon agenda, competitiveness of nations, European Union members, Europe, Global Competitiveness Index, Business Competitiveness Index, living standards
National Category
Economics
Research subject
Humanities and Social sciences
Identifiers
URN: urn:nbn:se:his:diva-3853OAI: oai:DiVA.org:his-3853DiVA: diva2:309778
Conference
The International Scientific Conference - Economics and Management 2009
Available from: 2010-04-08 Created: 2010-04-08 Last updated: 2013-03-20

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Schuller, Bernd-Joachim
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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf