1. Accurate Methods for Measuring Competitiveness
... (see Box 1) that will be piloted over the coming year. We hope that this new initiative will support transformations toward higher competitiveness at regional and national levels. The 12 Pillars of Competitiveness We define competitiveness as the set of institutions, policies, and factors that determine the level of productivity of a country. The level of productivity, in turn ... . This open-endedness is captured within the GCI by including a weighted average of many different components, each measuring a different aspect of competitiveness. These components are grouped into 12 pillars o...
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