Funke, Norbert; Isakova, Asel; Ivanyna, Maksym - 2017
Using data from the World Economic Forum's Global Competitiveness Report as an example, this paper compares structural … charactersitics that is 40 percent richer as well as a country with the average EU income. This comparison suggests that improvements … market efficiency and areas related to innovation. For the generally more ambitious goal of reaching average EU income, the …