scholarly journals Singapore’s Foreign Policy: A Book Review

2019 ◽  
Vol 3 (2) ◽  
pp. 181
Author(s):  
Hardi Alunaza SD

This book contains five chapter with a specific explain and contribution in every chapter. The first chapter is about Singapore’s foreign policy and explains about exceptional state. The second chapter is talking about the battle of sovereignty. The third is about transcending regional locale. The fourth explaining about Singapore and the power, and the last is about driving and suffering the region. The Island Republic of Singapore is the smallest state within South-East Asia and, indeed, within a wider East Asia. It also lacks natural resources, except for the human variety in limited numbers, and a harbor in an ideal location for servicing regional trade. In 1999, for the third year running, the Swiss based world economic forum ranked Singapore first among over fifty leading economies in its annual global competitiveness report. In its material accomplishments and attendant external recognition, Singapore is exceptional not only within its regional locale, but also globally among so called small states. The point has been well made that economic success is the main reason for Singapore’s high status and disproportionate influence in international affairs.Keywords: Singapore's foreign policy, sovereignty, small states

2018 ◽  
Vol 7 (1) ◽  
pp. 23-34
Author(s):  
Constanta Popescu ◽  
Radu Serban M. Zaharia

This article describes how competitiveness is a desideratum of any rational management process. Under the conditions of globalization and the imperatives of sustainable development, the need for competitive management at both micro and macroeconomic level is a necessity. Unfortunately, in many areas of economic and social activities in Romania, the authors find a lack of competitiveness in most areas of activity. This places Romania in an unfavorable place in the world hierarchy. Based on these considerations and based on data provided by the World Economic Forum through the Global Competitiveness Report for 2016-2017, this article highlights the place and weaknesses of Romania in the various aspects of competitiveness.


Author(s):  
Jelena Mičić

Competitiveness or market competition is the basic regulatory mechanism of the market. Today, some economic theorists propose that the competitiveness actually measures the wealth of a society in another way, so it is very important that it contributes to innovation, improvement of the business and overall economic growth. Bosnia and Herzegovina is located close to the very bottom of the European countries according to the competitiveness of its economy. Occasionally it is possible to notice positive changes, but unfortunately they were not strong enough or continuous for achieving economic development or improving living standard. Benchmark analysis of competitiveness deepened the view of the overall movement of the BiH competitiveness and its key factors, as well as the comparison with the selected reference countries. So, the competitiveness of our economy in the period 2007-2015 is the main topic of this paper, with the basic hypothesis that BiH has a positive trend in competitiveness relative to comparable countries in the reporting period. The aim of the research is to determine the conditions, trends and underlying determinants of competitiveness of Bosnia and Herzegovina and state of our competitiveness in relation to comparative economies. Through application of standard scientific methodology, particularly methods of statistical analysis, we came to results that show that BiH economy had significant growth of competitiveness in most observed indicators, with minor variations in the period 2007-2014, while the level of variability in 2015 was so huge that we have been excluded from the Global Competitiveness Report for 2014-2015 year of the World Economic Forum. Although our country generally exhibits the lower performance than the comparative countries it is possible to perceive areas where we have strengths and potentials. The fact that the World Economic Forum, for the first time, has omitted Bosnia and Herzegovina from the Global Competitiveness Report 2014/2015, is an additional reason to re-examine all the factors that may affect the movements of competitiveness in BiH.


2018 ◽  
Vol 24 (2) ◽  
pp. 5-19
Author(s):  
Edward Molendowski

The article presents the results of an analysis which attempts to identify the most important factors determining changes in the Polish economy’s internationally competitive position compared to the other new member states of the European Union (EU-10) in the years 2004-2017. The hypothesis that, among the EU-10 states, Poland belongs to those where varied effects of membership have clearly occurred has been put forward. This has greatly influenced the formation of the internationally competitive position of the economy.  In the research, analysis of the secondary data concerning the pillars of the economy’s competitiveness specified in the Global Competitiveness Report has been applied. This has been compiled by the World Economic Forum. The article ends with a summary of the most important conclusions drawn from the presented analysis.


2008 ◽  
Vol 10 (2) ◽  
Author(s):  
Marié-Luce Muller

With the recent World Economic Forum (WEF) held in Cape Town, South Africa, from 4 to 6 June 2008, Africa and South Africa's competitiveness once again fell under the spotlight. The latest WEF Global Competitiveness Report (2008) mentions that African businesses can become more competitive but that African governments, in partnership with global players, should provide the right support in the form of improved access to finance, improved infrastructure and better institutional capacity. In turn, corporates could, in partnership with governments, NGOs and bodies like the UN and World Bank, provide more focused corporate citizenship.


2019 ◽  
Vol 22 (2) ◽  
pp. 55-67 ◽  
Author(s):  
Edward Molendowski ◽  
Paweł Folfas

The article presents the results of an analysis aimed at assessing the effects of fundamental factors (pillars) on the international positions and competitiveness of the economies of Poland and the other Visegrad Group (V4) countries. It attempts to verify the hypothesis that in shaping their international competitive position, the V4 economies should rely more on efficiency enhancers as well as innovation and sophistication factors. The competitive positions of the economies covered  and the changes thereof were determined on the basis of the Global Competitiveness Report (GCR) editions published by the World Economic Forum. The period under examination includes the years 2004–2017, but owing to the lack of comparable data, it was narrowed to the years 2006–2017. The article ends with a summary of the most important conclusions from the analysis.


2018 ◽  
Vol 21 (2) ◽  
pp. 99-117
Author(s):  
Stanisław Flejterski ◽  
Magdalena Majchrzak

Competitiveness is not clearly defined and there are different methods of measuring it. Analysis of the level of competitiveness on a macro scale is of interest to many entities. Competitiveness rankings are published in the Global Competitiveness Report prepared by the World Economic Forum (WEF), among others. 137 countries have been included in the WEF’s 2017–2018 Report. A country’s position in this ranking depends on many factors, classified in 12 pillars. In the group of 10 countries with the highest ranking, there are changes in order compared to the previous year, but the composition of this group did not significantly change. In this ranking, Poland was 39th. This is relatively high compared to 2008, in which it ranked 53rd out of 134 countries. In the future, further growth of the competitiveness of the Polish economy may depend on, among other things, the professionalism of managerial staff and on the shift to product competitiveness. It is also necessary to share knowledge between the university and the business sectors and between companies themselves.


Author(s):  
Timothy Yaw Acheampong

In recent times, the middle-income trap (MIT) has become a pertinent issue as economists, researchers and development practitioners continue seek answers to why the majority of middle-income countries find it difficult to advance to high-income status. There is still no consensus in literature as to the exact cause(s) and the solution to the MIT. The World Economic Forum posits that, the score of countries on the Global Competitive Index (GCI) 4.0 accounts for over 80% of the variation in income levels of countries. This suggests that the extent of global competitiveness of countries could potentially help them to escape the MIT. However, some competitiveness literature have identified an apparent competitiveness divide among countries. This paper therefore seeks to answer the following questions: how does middle-income countries differ from the high-income countries in terms of global competitiveness. The study utilises an independent samples t-test and effect size measures to examine the GCI 4.0 scores of 140 countries. The study finds a very large and significant competitiveness divide between the high and middle-income countries.


2019 ◽  
pp. 100-104
Author(s):  
E. Dolgikh ◽  
T. Pershina

The study of the labor market allows to determine the main directions of development of the country’s economy, which largely depends on a set of indicators. The article gives detailed characteristics of the components of the labor market efficiency, proposed by the World economic forum in the Report on global competitiveness. Russia’s positions among the world countries according to the importance of the efficiency of the labor market and their dynamics for the period from 2013 to 2017 have been considered. Multidimensional grouping of the world countries according to ten components has been performed, and detailed characteristics of the selected clusters has been given.


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