The Competitiveness Evaluation of CEE Countries

Art Kovacic ()
Additional contact information
Art Kovacic: Institute for Economic Research, Ljubljana, Slovenia

Romanian Economic Journal, 2008, vol. 11, issue 29, 3-26

Abstract: In the article I will evaluate the competitiveness position by quantitative and by qualitative methods. An evaluation of qualitative competitiveness of CEE countries can give important insights to the most important development steps in the near future. This is especially important in view of the next steps in the enlargement process of the EU. The European Union's prosperity is based on its capacity to compete in the global market. For this reason, we need to measure and study our economy's position in terms of competitiveness. Competitiveness creates the necessary conditions for sustainable development, for the creation of new production activties and new jobs, and for a better quality of life. We can evaluate the competitive position of selected countries by WEF of IMD competitiveness report. Slovenia, Slovakia, Czech R. Romania and Hungary are located in Central Europe. These countries have the same historical backgrounds in Austo- Hungarian empire. The well developed classical infrastrucure and good educational system can be explained through historical reasons. Today we have a well developed competitiveness methodologies for evaluation. It is interesting to discover are the CEE countries still close after EU integration process. One way to evaluate the qualitative competitiveness of CEE countries is to illustrate competitive environmental frameworks using the data for CEE economies and some European countries. The factors in the proposed framework are index measures calculated from perceptual variables collected by executive surveys. In order to rank factors of competitive environmental frameworks for selected countries we use the Standard Deviation Method, which can accurately assess the relative differences between countries’ performances. Indexes give as a picture of the competitiveness position of selected group.

Keywords: productivity and competitiveness; benchmarking; development strategy; national development (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.rejournal.eu/sites/rejournal.versatech. ... je202920kovacic1.pdf (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:rej:journl:v:11:y:2008:i:29:p:3-26

Access Statistics for this article

Romanian Economic Journal is currently edited by Ioan Popa, PhD

More articles in Romanian Economic Journal from Department of International Business and Economics from the Academy of Economic Studies Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Radu Lupu ().