This think piece is an attempt to survey the evolution of competitiveness in a small open economy under the angle of costs and benefits of globalization. First a historical survey assesses the road leading to the present sage of transnationalization. Then a situation assessment is presented, followed by a survey of challenges and factors of competitiveness. Finally some general lessons are listed, without attempting to be exhaustive.
László Csaba. "Hungary Embracing Globalization: The Challenge Of Competitiveness." Montenegrin Journal of Economics. vol. 3, no. 5, 2007, p. 27-34
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