COMPARISON AND REVIEW OF COMPETITIVENESS INDEXES: TOWARDS THE EU POLICY

Abstract

The article presents the comparison and review of competitiveness indexes in the environment of EU policy. Different approaches of authors towards competition and competitiveness indexes have been analyzed and summed up, a comparative analysis of the most popular indexes has been outlined, the main aspects how to calculate the use competitiveness index has been examined as well as advantages and disadvantages of the composite competitiveness index have been disclosed, the main aspects and obstacles of EU competitiveness policy have been enlightened. Research showed, that despite the common objectives of growth, development and raising competitiveness there is an issue of uneven allocation of structural financing for different economic sectors thus leading to a distortion of a market and as well as a threat of ineffectively allocated national budget, which part is used for co-financing EU-funded projects.

DOI: http://dx.doi.org/10.5755/j01.em.17.1.2257