engleski

Assessing the Croatian Competitiveness in the International Perspective

Competitiveness has become the most important challenge which the countries have been facing in the increasingly competitive global economy. Croatia is not an exception. The main purpose of this paper is to assess the competitiveness of Croatia in the international setting. The assessment is based on the competitiveness indices that publish regularly the World Economic Forum and the International Institute for Management and Development. The results indicate that Croatia shares the same symptoms as the other countries in the efficiency-driven stage of economic development. However, it still has to improve the quality and responsibility of its institutions and to ensure that the activities of government are more efficient, effective and transparent. Namely, uncertainty stemming from uncertain and too changeable national framework conditions, weak and incredible institutions, inefficient judiciary, widespread corruption and the like has jeopardized the enhancement of business efficiency and the future competitiveness of Croatia.

competitiveness, Croatia, WEF, IMD, small country, international rankings

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