A note on the competitiveness debate / (Record no. 7362)

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Personal name Yap, Josef T.
245 ## - TITLE STATEMENT
Title A note on the competitiveness debate /
300 ## - PHYSICAL DESCRIPTION
Extent pp.1-24
490 ## - SERIES STATEMENT
Series statement Vol. 31 No. 1 First Sem 2004
520 ## - SUMMARY, ETC.
Summary, etc. This article deals with the concept of competitiveness. Competitiveness is technically a firm-level concept. However, it is oftentimes extended to the national level--the idea of a country's 'international competitiveness' with the following analogies: market share-->export share of country price-->real effective exchange rate or unit labor cost profitability-->long-run economic growth. The concept of national competitiveness is faulty, in the words of Paul Krugman it has become a 'dangerous obsession.' However, national or government policies do have an impact on firm level competitiveness. The only concept related to firm level competitiveness that can be extended to the national level without ambiguity is technological capability. Since technological capability is at the heart of competitiveness, countries must address this issue squarely. One course of action is to adopt a strategic approach to foreign direct investment--as opposed to a passive strategy--similar to what Malaysia and Singapore did.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Competitiveness
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Topical term or geographic name as entry element Competitiveness index
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Record control number 0115-9143
Title Philippine Journal of Development
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Uniform Resource Identifier http://dirp4.pids.gov.ph/ris/pjd/pidspjd04-1competitiveness.pdf
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Koha item type Journal Articles
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