Competitiveness between both Developing and Developed Nations Research Paper

fighting between both growth and Developed Nations - Research Paper ExampleDespite the forces of internationalisation, national advantage and locality are among the samara factors that determine combat. This paper looks at the evidence from trans-national corporations and specific industries in various nations. Nations like China, Japan, US, UK and Germany. Research shows that global competition has really gone high tech. The competition is very stiff. (Porter, 1998) It is very clear that the factors that determine the competitiveness of nations are quite numerous. When public finances in a nation are mismanaged, and inflation occurs, this passing affects the transaction environment a great deal. This results in the undermining of incentives that are necessary for investment in the business sector. Other factors include having a quality judicial system within a nation. Training and knowledge within a nation are among the factors that drive competitiveness. Nations that ensure that their do work force is trained and has memory access to the latest technologies and new knowledge are normally very competitive. (Peng, 2006)Just as the factors are numerous, they depend quite differently in different nations. This also depends on the nations stage of development. According to the Global Competitiveness Index (GCI), there are various driving factors that influence the competitiveness in a nation.The piece economic forum has over the years measured the competitiveness of nations in an international environment. The Growth competitiveness index is used to assess the competitiveness of nations. Research reveals that Poland still remains the worst performing nations among European Union nations. It actually ranks forty-eight behind Greece that ranks forty-seven. The Czech Republic ranks twenty-nine while Estonia ranks twenty-five. Poland has got weaknesses in its labour market that is quite rigid. Research shows that unemployment in this nation.