Modern Approaches Assessing Global Competitiveness

Kozyr N.S. , Petrovskaya N.E. , Zazimko V.L.
European Research Studies Journal, Volume XXI, Special Issue 2, 1034-1041, 2018
EOI: 10.11214/thalassinos.21.06.105

Abstract:

The article presents approaches assessing the competitiveness of countries in the context of ratings: The World Competitiveness Ranking, Global Competitiveness Index, Human Development Index, Global Food Security Index, Global Cybersecurity Index, Global metrics for the environment, Doing Business. The ranking peculiarities of the APEC countries in these ratings is considered. Authors drew conclusions on the comparability of approaches to assessing the global competitiveness of countries. The factors affecting the objectivity of the approaches to the preparation of ratings were identified as follows: the number of countries in the sample studied, the number of evaluation criteria, the use of statistical data or expert surveys. The most important factor influencing the approaches to ranking countries is the proportion of assessment criteria. The final ranking of countries in the rank list depends on this factor.


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