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JOURNAL OF APPLIED BUSINESS AND ECONOMICS
Transitioning Economies: A Calculus of Competitiveness
Author(s): C. R. Torrisi, Gokhan Uslu
Citation: C. R. Torrisi, Gokhan Uslu, (2010) "Transitioning Economies: A Calculus of Competitiveness," Journal of Applied Business and Economics, Vol. 11, Iss. 3, pp. 39 - 54
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This paper analyzes the existing IMD and WEF studies and rankings of national competitiveness and reviews their applicability to a sample (15) of transitioning economies, as defined as developing economies undergoing significant structural and economic transformation. Relevant national competitiveness indicators/variables are identified and a revised weighting system, adapted from the IMD and WEF reports, is used to construct national rankings for the fifteen countries examined. The results indicate significant changes in their relative rankings from these previous studies, except at the extremes of most and least competitive economies, and provide important and useful information to decision makers in the private and public sector.
