LEARNING OBJECTIVES
After you have read this section, you should be able to answer the following questions:
How is competitiveness measured?
What are some of the policies governments use to influence their competitiveness?
At the beginning of this chapter, we noted that both President George W. Bush and President Obama have emphasized policies to improve the competitiveness of the United States. Such interest in national competitiveness is not restricted to the United States. [***It is perhaps more pronounced in the United States than in other countries. A Google
search on October 17, 2011 reveals that the string “Keep America Competitive” has almost twice as many hits as the string “Keep Canada Competitive” and more than three times as many hits as “Keep Britain Competitive.”***]In their “Lisbon Agenda” of 2000, the heads of European countries stated an aim of making the European Union “the most competitive and dynamic knowledge-driven economy by 2010.” [***See “Lisbon Agenda,” EurActive, May 21, 2007, accessed July 27, 2011,http://www.euractiv.com/en/future-eu/lisbon-agenda/article-117510.***]
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