ECONOMIC RESILIENCE AND COMPETITIVENESS: A COMPARATIVE ANALYSIS OF THE VISEGRAD GROUP COUNTRIES

Анотація

The article examines the relationship between resilience and competitiveness of national economies in the Visegrad Group countries through a comparative analysis of the World Competitiveness Index and the Global Resilience Index. All four countries show a general upward trend in the Global Resilience Index for 2021-2025, while the dynamics of the World Competitiveness Index are less uniform. Resilience and competitiveness are two fundamental characteristics of the economy that determine its quality, efficiency, and ability to develop in the context of global change. Resilience ensures that the economy continues to function under the influence of shocks and crises, while competitiveness determines its ability to grow, innovate, and occupy advantageous positions in global markets. The economic model is shaped by the balance between these two characteristics.Within the Visegrad Group countries, two models can be distinguished: the Czechіа – a model of synergy between economic resilience and competitiveness; Poland, Hungary, and Slovakia – models of functional resilience with the potential to increase competitiveness. Resilience provides the basis for long-term competitiveness, while competitiveness allows the economy to grow and accumulate the resources necessary to ensure resilience. At the same time, a high level of economic resilience alone is not a sufficient condition for increasing competitiveness, as this requires the development of factors such as economic performance, government efficiency, business efficiency, and infrastructure.

Класифікація

Ідентифікатори

Схожі роботи