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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Theoretical Concepts Of The Competitiveness Of The National Economy, G. K. Sultanova
Theoretical Concepts Of The Competitiveness Of The National Economy, G. K. Sultanova
International Relations: Politics, Economics, Law
The article explores and summarizes the theoretical concepts of competitiveness of the national economy. Based on a review of economic theories, the author describes the evolution of factors that determine the competitiveness of nations. The author concludes that in the scientific literature there are many conflicting views regarding the meaning and definition of the concept of competitiveness. However, the opinion of many scientists coincides that competitiveness is determined by the efficiency and productivity of the economy, and is a means of improving the welfare of the nation.
Does Privatization Improve Productivity? Empirical Evidence From Ethiopia, Tadesse Wodajo, Dawit Senbet
Does Privatization Improve Productivity? Empirical Evidence From Ethiopia, Tadesse Wodajo, Dawit Senbet
International Journal of African Development
Theoretically, it is posited that privatization enables the private sector to play a dominant role in the economy by enhancing competition, productivity and efficiency. When evaluated using these criteria, privatization of the manufacturing industries has failed in Ethiopia. Our empirical results show that, at best, privatization did not result in improving productivity, and at worst, it led to a decline in productivity. We argue that the main reason for this outcome is the unique economic and business environment prevailing in Ethiopia, which does not allow the standard economic assumptions of market competition to hold. Ethiopia’s ‘private sector’ can be described …