ICYMI - Competitiveness - Balancing the metrics
A must read article on the need to have balanced competitiveness indicators. When a country scores highly on "Ease of doing business" rankings it does not necessarily mean that other critical factors for a thriving economy are in place. Balanced metrics can inform better policies and incentives. Example of additional metrics: Competitiveness: What products or services does our country offer to global markets with a strong value proposition? Lots of potential for ICT here. Predictability: Financial system e.g. banking & credit / Political / Regulatory / Dispute resolution... Income distribution: at what rate is the median purchasing power increasing? Check it out... https://www.businessdailyafrica.com/analysis/columnists/Competitiveness-a-mo...
participants (1)
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Patrick A. M. Maina