Global competitiveness refers to the ability of a country or company to compete effectively in international markets, characterized by factors such as innovation, productivity, and the overall business environment. This concept emphasizes the importance of attracting foreign direct investment (FDI) as a means of enhancing a nation's economic performance and integration into the global economy. The pursuit of global competitiveness often drives countries to implement policies that foster economic growth and create favorable conditions for both domestic and foreign businesses.
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