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National Competitiveness Levers: How it Looks in Bulgaria

Author

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  • Yovka Bankova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Measuring national competitiveness goes beyond the mere ranking of countries by knowing and understanding the factors of competitiveness and by decomposing the sources of competitiveness into their constituent parts. A comparison between countries provides policy makers with the tools necessary to identify areas in which countries are lagging behind. The paper addresses two main issues: the notion of competitiveness and the factors of competitiveness. Within the scope of this study on the evolution of the competitiveness factors are the factors that influence the so called sustainable competitiveness. The relation between competitiveness and productivity, competitiveness and well being and public wealth are discussed and examples from different countries are presented. The two most popular indicators by which competitiveness is measured (the ones of World Economic Forum and International Institute for Management Development) are elaborated upon with regard to the factors that they encompass. Furthermore the competitiveness levers of Bulgarian economy according to the latest competitiveness indices, provided by the World Economic Forum, are outlined and briefly analysed.

Suggested Citation

  • Yovka Bankova, 2013. "National Competitiveness Levers: How it Looks in Bulgaria," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 66-80, Janyary.
    • Handle: RePEc:nwe:eajour:y:2013:i:1:p:66-80
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    More about this item

    Keywords

    competitiveness; competitiveness’ factors; competitiveness indexes; sustainable competitiveness;
    All these keywords.

    JEL classification:

    • F19 - International Economics - - Trade - - - Other
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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