Competitiveness Definition

“Competitiveness analyses how nations and enterprises manage the totality of their competencies to achieve prosperity or profit” – IMD

“The set of institutions, policies and factors that determine the level of productivity of a country. The level of productivity, in turn, sets the sustainable level of prosperity that can be earned by an economy” – WEF

“The degree to which the region (nation) can produce goods and services which meet the test of international markets, out-performing others, while its citizens earn a standard of living that is both rising and sustainable over the long-run” – MPC

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