INNOVATIONS IN THE STRUCTURE AND METHODOLOGY OF CALCULATION OF THE GLOBAL COMPETITIVENESS INDEX-Reference-Cited by-同舟云学术

INNOVATIONS IN THE STRUCTURE AND METHODOLOGY OF CALCULATION OF THE GLOBAL COMPETITIVENESS INDEX

Published:2019-03-15 Issue:1 Volume: Page:45-59
ISSN:2414-4649
Container-title:International Trade and Trade Policy
language:
Short-container-title:International Trade and Trade Policy

Author:

Strokatov Denis A.¹

Affiliation:

1. Plekhanov Russian University of Economics

Abstract

In October 2018 an updated Global Competitiveness Index (GCI) 4.0 was introduced in the Global Competitiveness Report2018. Inthe article identify the main differences in the structure and methodology of calculating GCI in the editions of the Global Competitiveness Report 2017–2018 and the Global Competitiveness Report2018. Areview of a number of sources showed that researchers don’t pay enough attention to innovations in the structure and methodology of calculating GCI 4.0. As a result of analyzing the structure and methodology of calculating GCI 4.0, it was revealed that a number of adjustments were made in the Index aimed at marking the importance of the Fourth Industrial Revolution, equalization the conditions when calculating the Index for countries at different stages of development, and taking into account current tendencies of the world economy. In conclusion, the author emphasizes that these innovations have reduced the high degree of subjectivity of the GCI, eliminated a number of difficulties in independent determining the value of the Index and increased the transparency of the calculations.

Publisher

Plekhanov Russian University of Economics (PRUE)

Subject

General Earth and Planetary Sciences,General Environmental Science

Reference16 articles.

1. Butsenko I. N., Fahretdinova N. I. Konkurentosposobnost' Rossiyskoy Federatsii i rossiyskih kompaniy v mezhdunarodnom biznese: otsenka i metody upravleniya [Competitiveness of the Russian Federation and Russian Companies in International Business: Evaluation and Methods], Menedzhment predprinimatel'skoy deyatel'nosti : materialy XVI Mezhdunarodnoy nauchno-prakticheskoy konferentsii prepodavateley, doktorantov, aspirantov i studentov [Management of Entrepreneurship Activities, Materials of the XVI International Scientific-Practical Conference of Teachers, Doctoral Students, Graduate Students and Students], 2018, pp. 472-476. (In Russ.).

2. Vashchenko T. V. Global'nye reytingovye indeksy kak vozmozhnyy instrument otsenki innovatsionnogo rosta Rossii [Global Rating Index as a Possible Tool for the Assessment of Russia's Innovative Growth] Sovremennye problemy ekonomiki i innovatsionnogo razvitiya, I Mezhdunarodnaya nauchnoprakticheskaya konferentsiya. Nauchnyy tsentr «Nauka plyus» [Modern Problems of Economy and Innovative Development, I International Scientific-Practical Conference. Science Plus Research Center»], 2018, pp. 48 –56. (In Russ.).

3. Zhugalev S. A. Otsenka konkurentosposobnosti natsional'noy ekonomiki RF [Assessment of the competitiveness of the national economy of the Russian Federation], Tendentsii razvitiya nauki i obrazovaniya [Trends of Development of Science and Education], 2018, Vol. 37, No. 2, pp. 20–26. (In Russ.).

4. Mihaylova A. G. Rol' konkurentosposobnosti biznesa v otsenke mezhdunarodnoy konkurentosposobnosti stran [The Role of Competitiveness of Business in the Estimation of International Competitiveness of Countries], Sovremennye sotsial'no-ekonomicheskie protsessy: problemy, zakonomernosti, perspektivy, sbornik statey IV Mezhdunarodnoy nauchno-prakticheskoy konferentsii, [Modern Socio-Economic Processes: Problems, Regularities, Prospects: Сollection of Articles of the IV International Scientific Practical Conference], Penza, 2018. pp. 35-39. (In Russ.)

5. Ovchinnikova T. V. Konkurentosposobnost' Respubliki Kazahstan // [Competitiveness of the Republic of Kazakhstan], Aktual'nye voprosy prava, ekonomiki i upravleniya, sbornik statey XIII Mezhdunarodnoy nauchno-prakticheskoy konferentsii [Current Issues of Law, Economics and Management: Collection of Articles of the XIII International Scientific and Practical Conference], in 2 parts, 2018, pp. 16–19. (In Russ.).