The Business Structures and Competitiveness of Russia
Diamond Model of International Competitiveness
The concept of competitiveness is among the factors that have received widespread acceptance in the analysis of a nation’s prosperity despite limited understanding on the basic structures. An understanding of the factors determining the competitiveness of a country is the central factor in the diamond model of international competitiveness developed by Michael E. Porter. To begin with, it is ardently crucial to acknowledge the fact that improvement of sustainable standards of living should the central macroeconomic goal for any nation aspiring to be competitive in the global market. Other measures include the level of foreign ...