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International competitiveness and competitive advantage Essay Example

International competitiveness and competitive advantage

The modern world of economy is known to be experiencing a wide range of the profound changes. They have a tendency to manifest into the process of accelerating globalization of the market, the development of multi-dimensional competition, transformation of business processes that detects obsolescence of the traditional principles and guidelines for structuring and development of the subjects of the world and national economies. However, globalization and competition create not only purely economic problems, but also a great amount of the opportunities for producers: constant innovation, the unprecedented pace of development today, the most competitive industries. For instance, Japan and other industrialized countries due to increased domestic and international competition. Comparative evaluation of competitiveness, identifying the strengths of the successful competitors, possible to determine the weaknesses of national actors of the world economy, to specify targets for economic development.The concept is for the international competitiveness of the Russian economy and the world a new and quite complex. While there is no universally accepted definition of its content and as a source of understanding of the acceleration of economic development, especially in the resource-based. Sustainable competitiveness of economic agents and of their products remains one of the most difficult problems in the world economy. Its solution is complicated by the fact that the different countries' experience in this area can hypothetically be clearly small and is reduced mainly to technical and economic assessments of the exported products or industries in general, without a certain level of international competitiveness and cost-effective system of measures lo improve. All of the existing domestic and foreign competitiveness of the weak solution to the problem reflects the dynamics and character occurring in the world of fundamental changes in the global and national economies associated with the exacerbation of international competition, leading to different forms.

preview essay on International competitiveness and competitive advantage
  • Pages: 7 (1250 words)
  • Document Type: Essay
  • Subject: Human Resources
  • Level: Undergraduate
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