Competitiveness rankings of European countries. How much do they tell us?
Intereconomics. Review of European Economic Policy
2011
46
2
March - April
82-90
competitiveness ; economic indicator
Business economics
English
"International competitiveness rankings, of which quite a number exist, enjoy great popularity with the media that, notwithstanding the rankings' rather shaky theoretical foundations, tend to use them as yardsticks for assessing the achievements or failures of governments. Against this background, the present article asks how consistent major rankings are. Do different rankings give consistent messages both each year and over the course of time so that one can be fairly sure that the results are trustworthy, or is it largely in the eye of the beholder in which ranking he or she should invest more trust, since different rankings lead to by and large different results?"
Paper
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.