AmCham issued its 2nd Policy Report on Good Governance and Economic Development.
Competitiveness, like beauty, is in the eye of the beholder. Ultimately, whether a country is competitive or not depends on the numbers of positive decisions to invest made by a different investors with disparate interests. Some of these investors require low labor costs, others require highly educated engineers or other specialists. Some demand a domestic market with puchasing power: others are intersted only in a platform for export. For economic policymakers, it is not enough to want to be competitive, they must decide how to design government policy which makes them competitive in one ore several niches of the economy.
24th June 2021