National competitiveness is defined by World Economic Forum as "the set of institutions, policies, and factors that determine the level of productivity of a country". Therefore, the competitiveness of the European Union member states will be analyzed in the context of the governments' economic...

Underneath the umbrella of national competitiveness there are microeconomic and macroeconomic factors, but the recovery and the revival of a state competitiveness must be based on a strategy developed and coordinated centrally and implemented in strategic areas of the economy. In this respect,...