Competitiveness of the economy Sample Clauses

Competitiveness of the economy. This problem area arises out of the national development priority "Increasing Economic Competitiveness" and it is developed into the four main pillars mentioned above that have been identified to strengthen the competitiveness of the economy. The main pillars of competitiveness of the Czech Republic: • functioning labour market, • advanced and high-quality education system, • functional research and innovative system, and • competitive business.
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Competitiveness of the economy. This problem area is based on the national development priority with the same name and develops it. The Czech Republic, in the comparison of international competitiveness based on the global competitiveness index (GCI) according to the study by the World Economic Forum for the year 2012/2013, ranks 39th (out of 142). Especially in the last 5 years, the Czech Republic experienced a noticeable decline both in the global and European context. Specifically, the Czech Republic ranked 38th in the period 2011-2012, and 36th in 2010-2011. It is therefore necessary to reverse this negative trend, and this change can only occur through systemic changes. The main pillars of competitiveness of the Czech Republic: • Functioning labour market • Advanced and high-quality education system • Effective research and innovation system, and • Competitive enterprises

Related to Competitiveness of the economy

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