INTERNATIONAL COMPETITIVENESS OF ASIAN COUNTRIES

E. I. German ()

International Trade and Trade Policy, 2020, issue 1

Abstract: Over the past two decades, Asian countries have become serious competitors to the developed countries of the world in international markets and have occupied high positions in the ranking of global competitiveness. The article shows the sources of formation and ways of developing the competitive advantages of these countries. The high positions of Asian countries in world competitiveness ratings are closely related to achieving dynamic economic development of these countries and improving the living standards of population. The article analyzes the main factors that determined the success of Asian countries in international competition, including internal competition, which stimulated the development of skilled labor, related technologies and infrastructure. Active domestic competition has contributed to structural reforms and the preservation of macroeconomic stability. The drivers of Asian economic progress are the two largest economies in the region – India and China. At the same time, among the world leaders in the global competitiveness ratings, there are small-sized economies of the region. An analysis of the strong and weak positions of Asian countries in the key components of the global competitiveness index allows to show the useful experience of the countries of the region in the effective use of factor conditions of competitiveness, creating a favorable climate for intraindustry competition, and stimulating domestic and foreign demand.

Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://mttp.rea.ru/jour/article/viewFile/352/269 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:acl:journl:y:2020:id:352

DOI: 10.21686/2410-7395-2020-1-42-53

Access Statistics for this article

More articles in International Trade and Trade Policy from ФГБОУ ВО "Ð Ð¾Ñ Ñ Ð¸Ð¹Ñ ÐºÐ¸Ð¹ Ñ ÐºÐ¾Ð½Ð¾Ð¼Ð¸Ñ‡ÐµÑ ÐºÐ¸Ð¹ ÑƒÐ½Ð¸Ð²ÐµÑ€Ñ Ð¸Ñ‚ÐµÑ‚ им. Г.Ð’. Плеханова"
Bibliographic data for series maintained by Золотова Екатерина Владимировна ().