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Preferred term

Global Competitiveness Index  

Definition

  • The Global Competitiveness Index (GCI) is an aggregate measure of the set of critical factors that, as a group, determine the degree to which countries are expected to achieve levels of economic prosperity in the short and medium term. The GCI, introduced in 2004, was developed by Columbia University professor Xavier Sala-i-Martin for the World Economic Forum (WEF). [Source: Encyclopedia of Business in Today's World; Global Competitiveness Index]

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https://concepts.sagepub.com/social-science/concept/Global_Competitiveness_Index

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