The Relative Importance of Competitiveness Axes and its Role in Economic Growth in Syria


Abstract in English

The concept of competitiveness is a new economic concept characterized by dynamism and consists of three axes, which are basic requirements, efficiency enhancers and creativity development factors. Therefore, attention must be paid to competitiveness and benefit should be obtained from its concept to achieve economic development, growth and improving people's living standard. In this research we studied the relationship between per capita GDP as a touchstone of economic growth on the one hand, and competitiveness index on the other. We also determined priorities posed by competitive axes in calculating the value of this index to get standard models that play a role in determining relations and predicting future values, and determining the appropriate strategy for economic growth. We concluded that the basic prerequisites play the largest role in the planning of economic growth (45%), followed by boosters (34%), and we discovered that creativity development factors play a trivial role in economic growth (21%). These results indicate that the competitive index depends on the service and commercial hubs and creativity development is not given the attention it deserves as it has an essential role in the economic growth and cultural progress.

References used

Schwab, K. The Global Competitiveness Report 2010-2011. World Economic Forum, Geneva, Switzerland, 2010, 516

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