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Promoting Industrial Competitiveness in Developing Countries

Lessons from Asia

image of Promoting Industrial Competitiveness in Developing Countries

As developing countries have started to open up their economies, concern about competitiveness has spread to their policy makers. Their relative competitiveness as production and investment sites has become a prime focus of development policy. They are, moreover, faced with a world in which the main determinants of competitiveness are changing rapidly. Competition has intensified due to rapidly falling transport and communication costs, and the performance of economies, industries and firms is constantly compared and benchmarked across nations. So are determinants of competitiveness. These and related issues are analysed in detail in this report. It describes the microfoundations of competitiveness and enterprise, and translates the lessons to the national level.

English

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Foreword

The Commonwealth Secretariat has completed a number of country case studies on competitiveness: (Sri Lanka, Mauritius, Zimbabwe and Pakistan). These are of considerable interest to emerging and pre-emerging economies as they attempt to grapple with the problems and opportunities created by globalisation. The present study provides an overview; it begins with an examination of the concept of competitiveness and then proceeds to identify the determinants of competitiveness.

English

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