Modern Approaches Assessing Global Competitiveness

Kozyr N.S., Petrovskaya N.E. and Zazimko V.L.

European Research Studies Journal, 2018, vol. XXI, issue Special 2, 1034-1041

Abstract: The article presents approaches assessing the competitiveness of countries in the context of ratings: The World Competitiveness Ranking, Global Competitiveness Index, Human Development Index, Global Food Security Index, Global Cybersecurity Index, Global metrics for the environment, Doing Business. The ranking peculiarities of the APEC countries in these ratings is considered. Authors drew conclusions on the comparability of approaches to assessing the global competitiveness of countries. The factors affecting the objectivity of the approaches to the preparation of ratings were identified as follows: the number of countries in the sample studied, the number of evaluation criteria, the use of statistical data or expert surveys. The most important factor influencing the approaches to ranking countries is the proportion of assessment criteria. The final ranking of countries in the rank list depends on this factor.

Keywords: Ranking of countries; competitiveness rating; state competitiveness index; APEC countries. (search for similar items in EconPapers)
JEL-codes: F02 F63 N10 O57 P52 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxi:y:2018:i:special2:p:1034-1041

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