The analysis of Slovak Republic's competitiveness
The analysis of Slovak Republic's competitiveness

Author(s): Elena Šira, Dana Kiseľáková, Beata Šofranková, Miroslava Šoltés
Subject(s): National Economy, Economic policy, Economic development
Published by: Masarykova univerzita nakladatelství
Keywords: Global Competitiveness Index; Slovak Republic; Ranking; World Economic Forum;
Summary/Abstract: The aim of the article is to analyse the competitiveness of Slovak republic. There are many organisations, that evaluate the competitiveness of the countries. We choose the Global Competitiveness Index published by World Economic Forum as the key competitiveness index. We analyse the position of selected countries including the Slovak Republic in this yearly published ranking for the 5 years. We try to answer, in which pillar has our country competitiveness advantage, in which not. It is important to learn the model of successful countries to make our country more competitive. According to this, we choose countries from European Union, which take the top position in the Global Competitiveness Index and the countries with similar position in this index that have Slovak Republic. Besides this index, we analyse other factors, which may affect competitiveness advantage in the future. We analyse the dependence between selected indicators. This dependence will be verified using statistical tests. We will use data from Statistical Office, Eurostat, World Economic Forum and other institutions.

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