Institutional Changes In Function Of Competitiveness Improvement Cover Image

Institucionalne promene u funkciji unapređenja konkurentnosti
Institutional Changes In Function Of Competitiveness Improvement

Author(s): Vlastimir Leković
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: Competitiveness; institutions; global economy; national economy; enterprise

Summary/Abstract: Mutual conditionality of the processes of the national economy competitiveness and the economic growth, as well as the complexity and the significance of the necessary transformations of the national economy and consistence with the dominant global economy tendencies, conditions the necessity for one complex analysis of factors and conditions for the realization of all possible alternatives related to the competitiveness of the national economy and its economic entities. In global economic conditions economic growth can be perceived as a result of global competitiveness of the economic systems and institutions where the choice is incorporated into the process, sometimes a conscious one and sometimes a spontaneous one, of the most efficient directions towards the socio-economic growth. National competitiveness is defined in this paper as a relative indicator which maintains production efficiency, distribution and realization of goods within one country as well as abroad, in order to increase its economic potential and the socio-economic development level. From the above mentioned facts it can be concluded that the very essence of a country's competitiveness consists of the specific level of the competitiveness of the national companies and the goods that these companies produce.

  • Issue Year: 2008
  • Issue No: 2
  • Page Range: 105-114
  • Page Count: 10
  • Language: English