CHALLENGES TO THE SUSTAINABILITY OF GROWTH FROM THE GLOBAL COMPETITIVENESS PERSPECTIVE

Manuela Unguru

Revista de Economie Mondiala / The Journal of Global Economics, 2017, vol. 9, issue 4, 32-48

Abstract: The Global Competitiveness Index GCI developed by the World Economic Forum is currently a well known and most appreciated tool for assessing global competitiveness. This article takes advantage of the complexity and richness of information embedded in this composite indicator to analyze the main challenges arising for the sustainability of growth from the perspective of global competitiveness indicators.After a brief review of the European Union (EU) member states’ current state in terms of competitiveness, the investigation is focused on the performance and dynamics of the various competitiveness determinants, that explain, on the one hand, the poor ranking of Romania in the world competitiveness scoreboard and represent, on the other hand, major barriers to sustainable development.

Keywords: competitiveness; growth and development; comparative studies; European Union (EU); Romania (search for similar items in EconPapers)
JEL-codes: B41 O11 O57 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:iem:journl:v:9:y:2017:i:4:p:32-48

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