This pathbreaking volume conveys the "state of the art" of contemporary research on productivity growth and international competitiveness--arguably the most important problems facing contemporary economics. Adopting a worldwide perspective that featurescomparative analyses of both industrialized and developing countries, the book assembles papers from an international roster of leading scholars who cover a wide range of complementary topics and approaches. A number of the papers attempt to increase theclarity of thinking about "competitiveness" by developing formal definitions of the concept and relating it to more conventional economics concepts such as productivity. Some provide a macroeconomic perspective whereas others compare cross-sections of individual industries across countries or analyze the efficacy of industrial policies to promote competitiveness. Among the common themes, which are highlighted in the editor's overview chapter, are the measurement of labor and total...

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