The attempt to define the term “competitiveness of nations” has reached the phase of decreasing returns. Fortunately, the literature seems to be converging slightly, a tendency, we hope to accelerate. We propose (1) defining competitiveness as “the ability of a country or location to...

In general, the economic performance of European countries was disappointing in the 1990s. However, country differences increased, and in some European countries economic growth matched US rates. This paper uses a set of performance indicators to carve out a group of successful European...

Austria is a country with a historically strong intervention of government. Specifically a large part of the manufacturing sector and electricity had been nationalised after World War II, combined with public ownership in telecommunication, transport and banking this created one of the largest...

In 1993 investment expenditures in the total economy were 2.6 percent below the level in 1992. The year 1994 is likely to see a rather diverse development, with outlays in manufacturing still on the decrease. High investment outlays abroad over the last few years and productivity advances of...