Global Agenda Council on Competitiveness 2012-2014
Competitive economies have in place factors, policies and institutions that ensure higher levels of productivity which, in turn, ensure rising prosperity. The importance of competitiveness is widely recognized but achieving improvement is a complex process. Leaders often find it difficult to identify measures that will have the most impact and to gather the necessary political support and momentum for reforms that enhance competitiveness. This is particularly true at the regional and municipal levels, where factors that drive competitiveness and interaction with the national level are not fully understood.
What the Council is doing about it
The Global Agenda Council on Competitiveness seeks to raise awareness of the importance of competitiveness for economic growth and to identify ways countries can systematically transform their economies. It monitors key trends, identifies global risks, charts relationships, addresses gaps in knowledge and recommends ways to address global challenges. To this end, the Council cooperated with the Global Federation of Competitiveness Councils in 2012 to create private sector-led National Competitiveness Councils in countries lacking such organizations.
While the discussion of competitiveness is often focused at the national level, the Council recognizes the value of extending analysis to subnational and sometimes subregional levels in many countries to encourage effective action on competitiveness. Currently the Council is focusing on city-level competitiveness, given that more than half of global gross domestic product is produced in cities. The Council is conducting a survey to identify the main sources of information on cities and the factors that drive city competitiveness. It is also compiling case studies of cities that have implemented measures that significantly improved their competitiveness. Council Members will use these studies to draw lessons for the political economy process.
“The importance of competitiveness is widely recognized but achieving improvement is a complex process.”
Looking ahead, the Council will focus on two related workstreams. The first is the development of a set of tools to help leaders in city competitiveness from around the world communicate and focus on the key challenges and emerging solutions, and examples of where these are taking place. These tools include a mapping of centres of excellence globally, identification of the key drivers of city competitiveness, awareness of the emerging trends and initiatives, and an annotated list of websites to stimulate the transfer of ideas and approaches. The second is an effort to identify city-level case studies that combine “what to reform” with “how to reform” agendas to provide best-practice lessons for other cities seeking to raise their competitiveness. Both workstreams will come together in an integrated report on city competitiveness to be presented in September 2013.
To get involved please contact
Research Analyst: Daniel Akinmade Emejulu, Global Agenda Councils, Daniel.Emejulu@weforum.org
Council Manager: Margareta Drzeniek, Director, Senior Economist, Head of Competitiveness Research, Global Benchmarking Network, email@example.com
Forum Lead: Jennifer Blanke, Lead Economist, Senior Director, Head of Global Benchmarking Network, firstname.lastname@example.org
Document archive for all the issues you are interested in
- Drivers of Competitiveness
- Advice to the US President on Competitiveness
- Lisbon Goes East: Competitiveness Review
- Developing Talent: Boosting Competitiveness
- The New Champions of Competitiveness
- The Competitiveness of Capital Markets
- Global Competitiveness: Strategies for Small Economies
- Innovation, Entrepreneurship and Competitiveness
- Redesigning Europe's Competitiveness Strategy
- Rethinking Africas Competitiveness
- Tackling Corruption, Enhancing Competitiveness