scholarly journals Effects of the Pillars of Competitiveness on the Competitive Positions of Poland and the Visegrad Group Countries in the Post‑Accession Period

2019 ◽  
Vol 22 (2) ◽  
pp. 55-67 ◽  
Author(s):  
Edward Molendowski ◽  
Paweł Folfas
Keyword(s):  
The Other ◽  
Comparable Data ◽  
World Economic Forum ◽  
Competitive Position ◽  
Global Competitiveness ◽  
The World ◽  
World Economic ◽  
Visegrad Group ◽  
Global Competitiveness Report

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.

scholarly journals The Competitive Position of the Economy of Poland (against the Backdrop of the Visegrad Group Countries and the Baltic States) – Changes and Determinants in the Post-accession Period

2021 ◽  
Vol 24 (1) ◽  
pp. 85-102
Author(s):  
Edward Molendowski
Keyword(s):  
Secondary Data ◽  
World Economic Forum ◽  
Baltic States ◽  
Competitive Position ◽  
Global Competitiveness ◽  
Economic Competitiveness ◽  
The World ◽  
World Economic ◽  
The Baltic ◽  
Visegrad Group

The article presents the results of an analysis that compares changes in Poland’s competitive position against the backdrop of the Visegrad Group (V4) countries and the Baltic States (BS3) in the post-accession period (2006–2017). This type of study has not been presented in detail in the available literature before. Therefore, the article may significantly contribute to bridging the gap. The study employs a comparative analysis of secondary data concerning the indices and pillars of economic competitiveness described in The Global Competitiveness Reports prepared by the World Economic Forum. An important element of the examination was the endeavour to identify major determinants of those developments. The article ends with a summary of the most significant conclusions from the analysis presented. As confirmed by the examination, the countries covered differed widely regarding the improvement of their competitive positions in the post-accession period.

Competitiveness Measure of Managerial Performance

2018 ◽  
Vol 7 (1) ◽  
pp. 23-34
Author(s):  
Constanta Popescu ◽  
Radu Serban M. Zaharia
Keyword(s):  
Sustainable Development ◽  
Management Process ◽  
Social Activities ◽  
World Economic Forum ◽  
Managerial Performance ◽  
Global Competitiveness ◽  
The World ◽  
World Economic ◽  
Rational Management ◽  
Global Competitiveness Report

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.

scholarly journals COMPETITIVENESS OF BOSNIA AND HERZEGOVINA – COMPARATIVE ANALYSIS

2015 ◽  
Vol 1 (10) ◽  
pp. 77
Author(s):  
Jelena Mičić
Keyword(s):  
Bosnia And Herzegovina ◽  
Market Competition ◽  
Living Standard ◽  
Positive Trend ◽  
World Economic Forum ◽  
Global Competitiveness ◽  
The World ◽  
World Economic ◽  
Basic Hypothesis ◽  
Global Competitiveness Report

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.

scholarly journals The pillars of the polish economy’s internationally competitive position in the post-accession period

2018 ◽  
Vol 24 (2) ◽  
pp. 5-19
Author(s):  
Edward Molendowski
Keyword(s):  
Secondary Data ◽  
The European Union ◽  
World Economic Forum ◽  
Competitive Position ◽  
Global Competitiveness ◽  
New Member States ◽  
World Economic ◽  
Global Competitiveness Report ◽  
Research Analysis ◽  
The Eu

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.

scholarly journals Poland’s Long‑Term Competitive Position from the Perspective of WEF Global Competitiveness Reports

2018 ◽  
Vol 21 (2) ◽  
pp. 99-117
Author(s):  
Stanisław Flejterski ◽  
Magdalena Majchrzak
Keyword(s):  
World Economic Forum ◽  
Global Competitiveness ◽  
Macro Scale ◽  
The World ◽  
World Economic ◽  
Polish Economy ◽  
The University ◽  
Business Sectors ◽  
Global Competitiveness Report

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.

scholarly journals An Internationally Competitive Economy: a Comparison of Poland and the Visegrad Group Countries in the Post‑Accession Period

2017 ◽  
Vol 20 (4) ◽  
pp. 5-21 ◽  
Author(s):  
Edward Molendowski
Keyword(s):  
Secondary Data ◽  
Study Analysis ◽  
World Economic Forum ◽  
Global Competitiveness ◽  
Economic Competitiveness ◽  
Eu Membership ◽  
The World ◽  
World Economic ◽  
Visegrad Group ◽  
Competitive Economy

This article presents the results of an analysis comparing the competitive position of Poland and other countries of the Visegrad Group (V4) in the post‑accession period (2004–2015). The assumption is that among the V4 countries, Poland has joined those countries where the diverse effects of EU membership are clearly visible. In the study, analysis was applied to secondary data pertaining to pillars of economic competitiveness, as determined by the ‘Global Competitiveness Reports’ prepared by the World Economic Forum. The article ends with a list of vital conclusions based on the presented analysis.

scholarly journals Global competitiveness divide and the middle-income-trap

2020 ◽  
Author(s):  
Timothy Yaw Acheampong
Keyword(s):  
High Income ◽  
World Economic Forum ◽  
Middle Income ◽  
Income Levels ◽  
Global Competitiveness ◽  
Middle Income Countries ◽  
Income Status ◽  
The World ◽  
World Economic ◽  
Middle Income Trap

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.

scholarly journals STATISTICAL ANALYSIS OF LABOR MARKET EFFICIENCY IN THE WORLD COUNTRIES

2019 ◽  
pp. 100-104
Author(s):  
E. Dolgikh ◽  
T. Pershina
Keyword(s):  
Labor Market ◽  
Statistical Analysis ◽  
Market Efficiency ◽  
World Economic Forum ◽  
Global Competitiveness ◽  
The World ◽  
World Economic

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.

From Redistributing Wealth to Creating Prosperity in the Russian Federation: Findings from the Global Competitiveness Index (The Russia Competiveness Report 2011. Ch. 1.1 / World Economic Forum, Eurasia Comtetiveness Institute)

2011 ◽  
pp. 4-40
Author(s):  
M. Drzeniek-Hanouz ◽  
A. Prazdnichnykh
Keyword(s):  
Russian Federation ◽  
World Economic Forum ◽  
Global Competitiveness ◽  
The World ◽  
World Economic ◽  
Global Competitiveness Index ◽  
The Russian Federation ◽  
Competitiveness Index

The journal version of Chapter 1.1 of "The Russia Competitiveness Report 2011: Laying the Foundation for Sustainable Prosperity" prepared by the World Economic Forum and Eurasia Competitiveness Institute analyzes major problems Russia is faced with in this field. Three advantages and five systemic weaknesses of the country are considered. The analysis on the basis of the Global Competitiveness Index shows that real improvements along these five directions could lead to significant increase in competitiveness and growth of welfare in Russia.

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