How a country competes in the world is the crucial factor in determining that country's ability to benefit from international trade in today's global economy. This book offers a complete and proper understanding of the meaning of international competitiveness and analyzes the implications it holds for an economy's progress. It examines how it may be pursued and sustained at both the sectoral level (forms and industries) and the national level (strategic objectives). The author offers pertinent policy guidelines and prescriptions for how a nation can achieve and maintain international competitiveness in order to sustain the long-term prosperity of its industries, and hence the overall pace of economic growth. The book is arranged into three parts. Part 1 discusses and defines the theories of international competitiveness. Part 2 deals with policy issues, specifically the policy analysis of structural reforms for promoting a country's ablity to compete, the impact of globalization and the role of Communication and Information Technology (CIT), strategic trade policies, and environmental issues. Part 3 analyzes the strategies used to pursue competitiveness. The book should be useful for researchers, students and teachers of business and economics as well as policy makers, business practitioners and international and governmental agencies.
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