According to a report published by international management institute in Switzerland, interwational competitive ability of South Korea hadbeen declining since 1995. The factor evaluation showed the basic patterns of t...
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According to a report published by international management institute in Switzerland, interwational competitive ability of South Korea hadbeen declining since 1995. The factor evaluation showed the basic patterns of the international competitive ability of South Korea, reflected thestrong and weak points and its changes. The factors include 8 items: internaleconomic power, the extent of internationalization, the function ofgovernment, financial environment, infrastructure, enterprise management, science and technology, national quality. The auhor thought thatthe main factors which caused its decline were: 1. The government organizations were too enormous, the low efficency of admimistration directly lowered the international competitive ability. 2. The backwardnessof financial systems could not adapt to the development of time. 3. Thetechnological advantages were not obvious, industrial technologies werenot high enough. 4. The high cost prices were weakening enterprise’sinternational competitive ability. The author finally stated that to enhance the international competitive ability of South korea substantiallyrelated to the comprehensive reform of politics. economy. science andtechnology. economy and culture.
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