Which macroeconomic concept can be reflected through the Global Competitivness index for specific country? Is it Fiscal, Monetary, Commercial or Supply Side Policy? Please explain Thanks

Which macroeconomic concept can be reflected through the Global Competitivness index for specific country? Is it Fiscal, Monetary, Commercial or Supply Side Policy? Please explain

 

 

answer:

The Global Competitivness index ranks the countries based on the global competitiveness. It is a commercial or Supply Side Policy. The Global Competitiveness Index measures the set of policies and some of factors that sustain current and medium term levels of economic prosperity. The objective is to maintain competitiveness at the stage of development, competitiveness mainly on public and private institutions, appropriate infrastructure, a stable macroeconomic framework, and good health and primary education in the country.

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