How did world competitiveness as a paradigm gain such importance in developing global prosperity?
In this book, Stephane Garelli, a world-renowned professor responsible for opening the IMD World Competitiveness Center, explains what “world competitiveness” means and implies, and why it has become such a strategic priority for governments and businesses worldwide. After all, it is a term he coined himself.
Retracing his steps back to the “golden era of globalization” – stretching from China’s “open door policy” in 1978 to the onset of the COVID pandemic in 2018 – Professor Garelli explains how world competitiveness gained prominence over four decades.
He recounts a time when people could travel freely, communicate, and share ideas and experiences; when firms were enjoying investing, manufacturing, and trading in previously closed markets; and when governments compared and enhanced their strategies. Shared prosperity was the objective.
It is an essential read for those who still think world competitiveness is a field of knowledge that belongs in libraries and has limited day-to-day relevance. In fact, it was born from first-hand experience and on-site through numerous travels and discussions with government and business leaders, and academics. Only later, was it conceptualized and theorized.
This book blends travel experiences, practical examples, and new theories. It takes us from the origins of competitiveness to the modern world, in its fractured state. It is “so-what?”, future-oriented and, above all, positive. The author leaves us with an overall conviction that, despite recent upheavals, the world economy is fundamentally resilient.
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Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications