PL EN


2009 | 4 | 2 | 23-37
Article title

The Challenges of Competitiveness in Southeast European Countries

Title variants
Languages of publication
EN
Abstracts
EN
The article examines the problem of competitiveness in Southeast European countries, with a special emphasis on the position of these countries in World Economic Forum rankings of competitiveness, as well on their potential membership in the European Union. The article determines the most problematic factors for doing business in the region. These factors represent the most important determinants of business sector competitiveness and have implications on national competitiveness. A TOWS matrix was created and established the common characteristics (strengths, weaknesses, opportunities and threats) of the countries in the region. The matrix was also used to suggest strategies for increasing competitiveness. A maxi-maxi strategy ("expansionary strategy") was suggested because it represents the best way to utilise the countries' strengths and opportunities. Cross-section analysis established that increasing gross enrolment ratio in tertiary education and direct foreign investments have the most the positive impacts on GCI scores.
Publisher
Year
Volume
4
Issue
2
Pages
23-37
Physical description
Dates
published
2009-11-01
online
2011-06-13
Contributors
  • Department of Economics and Tourism «Dr. Mijo Mirković», Juraj Dobrila University of Pula, P. Preradovića 1, 52100 Pula, Croatia
author
  • Department of Economics and Tourism «Dr. Mijo Mirković», Juraj Dobrila University of Pula, P. Preradovića 1, 52100 Pula, Croatia
References
  • Barro, R.J., Lee, J-W. 2000. International data on educational attainment: updates and implications. CID Working Paper 42.
  • Bartlet, W. i Samardžija, V. 2004. The Reconstruction of Southeast Europe, the Stability Pact and the Role of the EU: An Overview.
  • Buckley, P.J., Pass, L.C. and Prescott, K. 1988. Measures of international competitiveness: a critical survey. Journal of Marketing Management 4 (2): 175-200.[Crossref]
  • Cho, D. S. 1994. A dynamic approach to international competitiveness: the case of Korea. J. Far Eastern Bus 1 (1): 17-36.
  • Cho, D.S, Moon, H.C. 2000. From Adam Smith to Michael Porter. World Scientific.
  • Cho, D.-S., Moon, H.-C. and Kim, M.-Y. 2008. Characterizing international competitiveness in international business research: A MASI approach to national competitiveness.
  • Chou, Y.-C., Hsu, Y.-Y. and Yen, H.-Y. 2008. Human resources for science and technology: Analyzing competitiveness using the analytic hierarchy process.
  • Constantin, D.L. and Banica, G. C. 2007. Human Resources and Regional Competitiveness, The Case of Romania. 47th Congress of the European Regional Science Association, Paris, August 29 - September 2.
  • Di Rienzo, C., Das, J. and Burbridge, J. 2007: Does diversity impact competitiveness? A cross country analysis.
  • Dragnić, D. and Radonjić, J. 2006. Crna Gora u suvremenim FDI trendovima: Case Study: Crnogorski Telekom AD.
  • EUROSTAT 2008. Pocketbook on candidate and potential candidate countries.
  • Funke, M. i Ruhnwedel, R. 2005. Export variety and economic growth in Eastern European transition economies.
  • Gillespie 2007. Foundations of Economics- Additional chapter on Business Strategy- chapter «PESTEL analysis of the macro-environment».
  • Gonan Božac, M. 2008. SWOT analiza i TOWS matrica- sličnosti i razlike. Ekonomska istraživanja 21 (1).
  • Harrison, L.E. and Hunington, S.P., eds. 2000. Culture Matters: How Values Shape Human Progress. New York, NY: Basic Books.
  • Ickis, J.C. 2006. Building a national competitiveness program. Journal of Business Research 59:341-348.[Crossref]
  • Jefferson Institute 2006. Competitiveness of the Serbian Economy 2006. Belgrade, Serbia: Jefferson Institute.
  • Kovačić, A. 2007. Benchmarking Slovenian competitiveness by a system of indicators.
  • Krugman, P. 1994. Competitiveness: a dangerous obsession Foreign Affairs 73 (2): 28-44.
  • Lee, S.M. and Peterson, S.J. 2000. Culture, entrepreneurship orientation, and global competitiveness. Journal of World Business 35 (4): 401-16.[Crossref]
  • Lee, S. F. i Sai On Ko, A. 2000. Building a balanced scorecard with SWOT analysis and implementing «Sun Tzu's The Art of Business Management Strategies», on QFD methodology». Management Auditing Journal 15 (1,2): 68-7 6.
  • Mićković, B. 2005. Globalna konkurentnost, konkurentnost Crne Goremjerenje i analiza.
  • Ministry of Economy and Finance- Greece 2006. National strategic reference framework.
  • Ouardighi, J.E., Somun-Kapetanovic, R. 2007. Do Balkan Countries Have a European Future? An Analysis of Real Economic Convergence, 1989-2005. South East European Journal of Economics & Business 2 (2): 23-30.
  • PESTEL analysis.
  • Petrakos, G.; Totev, S. 2000. Economic Structure and Change in the Balkan Region: Implication for Integration, Transition and Economic Cooperation. International Journal of Urban and Regional Research 24: 95-113.[Crossref]
  • Porter, E.M. 1990. The Competitive Advantage of Nations, New York, NY: The Free Press.
  • Proctor, T. 2000. Strategic marketing management for health management: cross impact matrix and TOWS. Journal of Management in Medicine. 14 (1): 47-56.
  • Ray, J.E. 1995. Managing Official Export Credits. Washington, DC: Institute for International Economics.
  • Reich, R. 1997. Piirideta maailm. Valmistrumine 21, sajandi kapitalismiks. London, UK: Simon & Schuster Ltd.
  • Rosenthal, D. 1993. Some Conceptual Considerations on the Nature of Technological Capability Build-Up.
  • Rovčanin, A.; Halilbašić, M.; Tatić, K. 2008. The Role of Foreign Direct Investments in Raising National Competitiveness. Naše gospodarstvo 1-2: 120-128.
  • Sachs, J., Warner, A. 1997. Fundamental sources of long run growth. American Economic Review 87: 184-8.
  • The Stability Pact for South Eastern Europe.
  • Stančić, M. 1998. Gospodarska suradnja zemalja Jugoistočne Europe. Slobodno poduzetništvo 8: 49-52.
  • Strange, S. 1998. Who are EU? Ambiguities in the concept of competitiveness. Journal of Common Market Studies. 36:101-14.
  • Šlaus, I. 2007. Building a knowledge-based society: The case of Southeast Europe.
  • The Heritage Foundation 2006. Index of Economic Freedom (2006).
  • Transparency International 2008. Corruption perceptions Index 2006.
  • Transparency International 2008. Report on the Transparency International Global Corruption Barometer 2007.
  • UNCTAD 2007. World investment report 2007.
  • UNECE 1999. Economic Survey of Europe, 2: 1-21.
  • UNECE 2005. Economic Survey of Europe, 1: 45-57; 83-104.
  • UNESCO 2007. Education for all by 2015- Will we make it?
  • UNESCO 2007. Global education digest 2007.
  • Uvalić- Trumbić, S. 2003. Globalization and Opportunities for Development in Higher Education in Southeast Europe.
  • Vukotić, V. and Baćović, M. 2006. Economic Freedom and Economic Growth in Southeast Europe. Transition Studies Review 13 (1): 81-91.
  • WEF 2006. The Lisbon Review 2006, Measuring Europe's Progress in Reform.
  • WEF 2007. The Global Competitiveness Report 2006-2007.
  • WEF 2008. The Global Competitiveness Report 2007-08.
  • Weihrich, H. 1982. The TOWS Matrix- A Tool for Situational Analysis. Long Range Planning 15 (2): 54-66.
  • Weihrich, H. 1999. Analyzing the competitive advantages and disadvantages of Germany with the TOWS Matrix- an alternative to Porter's Model. European Business Review 99 (1): 9-22. http://www.emeraldinsight.com (accessed May 15, 2008). [Crossref]
  • WIIW 2007. WIIW Handbook of statistics 2007. Wien, AT: The Vienna Institute for International Economic Studies.
  • Žarić, V. 2005. Crna Gora- konkurentna destinacija za investicije (SWOT analiza).
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.doi-10_2478_v10033-009-0011-6
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.