engleski

Competitiveness Growth in the Recession Period: (Comparative Analysis of Croatia and Slovenia)

Although, the global recession becomes the threat to future competitiveness growth in both developed and undeveloped countries throughout the globe, it could be the challenge, too. It could be the challenge, especially in the case of the countries that should re-invent their economic growth paths, because in the global competitiveness rankings they are lagging behind the countries with similar economic heritage and growth level. And that is the case of the two small neighbouring countries: Croatia and Slovenia. Both countries, twenty years ago, started different transition paths, and reached different competitiveness growth levels. Today, they are faced both with the recession and, at the same time, the problems of re-inventing their competitiveness growth in uncertain economic surrounding. The purpose of this paper is to carry out the deep comparative analysis of competitiveness growth in both countries and to research their strengths and weaknesses and their ability to cope with the recession and to re-invent their future competitiveness growth and economic development. The research will start with the short, but comprehensive, explanation of the economic heritage /before the transition/ and the analysis of the transition paths. The competitiveness analysis will be based on some competitiveness indicators, like GCI /global competitiveness index/, BCI /business competitiveness index/, on twelve «pillars» that could explain both indexes in detail, and, on SWOT analysis for both countries. SWOT analysis will be created by the authors. The proposals for future competitiveness growth, in the circumstances of the global recession, in both countries will be explained in the last part of the paper.

global recession; competitveness; global competitiveness index; SWOT analysis

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