Declining international competitiveness

A 1993 report found that UK industry faces a 25% gap between its productivity and that of its French and German counterparts.

1. The chant of "internationally competitive" sweeps away all efforts to retain economic diversity as jobs and social expenditure, food and environmental standards are sacrificed on this unforgiving two-word altar.

1. Unbridled competition among states
2. Restricted growth in export markets
3. Decline

1. Loss of international market leadership

1. Vulnerability of national economies to vagaries of external markets for goods and services
2. Restrictive trade practices
3. Imposition of trade quotas for political reasons
4. Deterioration of international terms of trade
5. Depressed industries
6. Consumer boycott of foreign goods

1. Socio-economic burden of militarization
2. Overpriced commodities
3. Excessive growth of social expenditure
4. Divergence of relations among developing countries
5. Declining economic productivity

1. Lack of international cooperation

1. Lack of urgency in village operations

1. Studying causes of poor competitive standing
2. Improving competitive standing
3. Establishing stable competitive markets
4. Competing on the world market

1. Uncompetitive
2. Standing
3. Poverty
4. Gap
5. Fluctuation
6. Decline
7. Competition [D]
8. Competition [C]

1. World Competitiveness Center - IMD Executive Education