F62 - Economic Impacts of Globalization: Macroeconomic ImpactsReturn

The first objective of this paper is to briefly describe and compare the methodology of the two best known international rankings of competitiveness (World Competitiveness Yearbook and The Global Competitiveness Report). The method of construction of these scoreboards (proportion of hard and soft data, form of their aggregation, choice of respondents, etc.) does not make it possible to find a satisfactory answer to the question whether national competitiveness is objectively measurable. The second goal of this paper is to analyse the V4 results in these rankings. According to the GCR all the V4 are most successful in indicators called Efficiency enhancers. The low trust in the political representation and its activities is typical for the V4 countries. This negative attitude is projected into negative evaluation of the quality of public institutions and public administration.