STATISTICAL ANALYSIS OF THE DYNAMICS OF ECONOMIC COMPETITIVENESS IN THE TWO EMERGING COUNTRIES, ROMANIA AND POLAND, IN THE PERIOD 2015-2020

Daniela Mihaela NEAMÈšU () and Mihai Costea ()
Additional contact information
Daniela Mihaela NEAMȚU: “Ştefan cel Mare†University of Suceava, Romania
Mihai Costea: “Ştefan cel Mare†University of Suceava, Romania

The USV Annals of Economics and Public Administration, 2021, vol. 21, issue 2(34), 46-53

Abstract: More than ten years after the global financial crisis, the prospects for a sustained economic recovery remain in jeopardy due to the widespread failure of leaders and policy makers to implement the necessary reforms to support competitiveness and bring the necessary growth in productivity, according to the World Economic Forum. Competitiveness is generated at the macroeconomic level, at the country level and it becomes competitive when it manages to build an efficient development climate for each company, the environment in which they are able to survive and develop in any domestic economic environment, but especially international. The aim of this study is to identify impact factors on the comparative evolution of competitiveness by analyzing the two macroeconomic indicators Gross Domestic Product and Global Competitiveness Index in the two emerging countries - Romania and Poland, in 2015-2020, based on data provided by Eurostat and the National Institute of Statistics and Economic Studies, respectively by the global competitiveness reports. Gross Domestic Product is the most complex indicator calculated according to the same methodology in all European Union countries. Based on the National Accounts record system, the gross domestic product expresses an appropriate comparability. Also, calculating the gross domestic product per capita and purchasing power parity, there are obtained some indicators that ensure not only comparability to the size of development, but also express the standard of living, the quality of life in the states under analysis. In this study, the structural comparability of the Gross Domestic Product was performed after assessing the stage of economic evolution in each country. The article is accompanied by significant graphics, which highlight the conclusions drawn by the author. It is also analyzed the evolution of the Global Competitiveness Index (GCI), a comprehensive tool that measures the microeconomic and macroeconomic fundamentals of competitiveness. The GCI provides a detailed analysis of the productive potential of national economies.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.annals.seap.usv.ro/index.php/annals/article/view/1297/1070 (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:scm:usvaep:v:21:y:2021:i:2(34):p:46-53

Access Statistics for this article

The USV Annals of Economics and Public Administration is currently edited by Editura Universitatii Stefan cel Mare din Suceava

More articles in The USV Annals of Economics and Public Administration from Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by Liviu Scutariu ().