Measuring Competitiveness in the World's Smallest Economies PDF Download

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Measuring Competitiveness in the World's Smallest Economies

Measuring Competitiveness in the World's Smallest Economies PDF Author: Ganeshan Wignaraja
Publisher: DIANE Publishing
ISBN: 1437900585
Category : Business & Economics
Languages : en
Pages : 45

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Book Description
Attempts to measure competitiveness (CP) across countries have typically neglected the world¿s smallest economies. Hence, a simple composite index, the Small State Manufactured Export CP Index or SSMECI, was developed to benchmark industrial CP. The SSMECI represents the first attempt to provide a comprehensive picture of the CP performance of small states. The performance of small states varies across geographical regions, income groups, & country size classes. High-performing small states had better macroeconomic conditions, higher levels of foreign invest., more trade openness, better levels of educ., & modern infrastructure. A coherent, market-oriented CP strategy in small states is vital to success on international markets. Tables.