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SUSTAINABLE COMPETITIVENESS ANALYSIS OF INDICATORS FOR SELECTED EUROPEAN COUNTRIES
Abstract
Sustainable competitiveness as a concept is introduced in the scientific debate in the last two decades. It is addressed on considering economic, social and environmental factors that determine competitiveness in the long run. The paper is focused on measuring sustainable competitiveness at the national level. Two indexes are considered: the Sustainability Adjusted Global Competitiveness Index (World Economic Forum) and the Global Sustainable Competitiveness Index (SolAbility). The paper compares sustainable competitiveness of EU28 countries, EU13 and selected South-East Europe. The author conclude that almost all observed EU28 and EU13 countries have better scores in sustainable competitiveness compared to the economic pillar. The data confirm social sustainability dimension as being interrelated with the higher level of economic development while the environmental dimension is still a challenge for many observed countries. Sustainable competitiveness is a conditio sine qua non for sustaining or increasing current and future welfare.
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