International Relations: Politics, Economics, Law


The article explores and summarizes the theoretical concepts of competitiveness of the national economy. Based on a review of economic theories, the author describes the evolution of factors that determine the competitiveness of nations. The author concludes that in the scientific literature there are many conflicting views regarding the meaning and definition of the concept of competitiveness. However, the opinion of many scientists coincides that competitiveness is determined by the efficiency and productivity of the economy, and is a means of improving the welfare of the nation.

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