English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

Improving our understanding of country-level international competitiveness, in either regional or global studies, requires analyses that go beyond aggregated comparisons of Gross Domestic Product (GDP). This article discusses results from a broad analysis of the international competitiveness of Central and Eastern Europe (CEE) countries to make this argument. After illustrating what a narrow analysis of just aggregated, top-line GDP numbers comparison would indicate, data on CEE countries’ position in the global marketplace, investment attractiveness, and capital flows are provided and discussed to demonstrate benefits of utilizing a broader set of analyses. The basic finding from these analyses are that persistent competitiveness gaps between CEE economies and Western European countries have been diminishing in the last decade. In particular, almost all CEE countries experienced higher growth of the share of export in GDP than the averages for the EU and Eurozone. It reflects the growing CEE position in the global marketplace and increasing openness to international trade. When it comes to investment competitiveness, data on the inward stock of FDIs show that CEE countries have been becoming increasingly more popular destination for foreign capital in comparison with the whole European and world economy. Moreover, CEE economies play an increasing role as the source of FDI outflow, and this process confirms that this region is moving forward the stages of internationalization.

Benefits of Broadening the Analysis of International Competitiveness: The Case of CEE Countries