Abstract:

The term of competitiveness has different interpretations. In this paper will be analyzed one of its concept – the macroeconomic competitiveness. This kind of competitiveness is understood as a process, which is based on the productivity growth through the growth of macroeconomic indicators such as standards of living and employment, on a sustainable basis. Such macroeconomic growth is measured through some indexes, for our purpose the Global Competitiveness Index GCI of World Economic Forum was chosen. Other think is that the competitiveness must be constantly compared with the development of competitiveness in other economies or regions. The comparison is performed in order to determine the stay of competitiveness of economies in the global economy and generally valid an opinion that the larger the economy, the greater is its competitiveness. This comparison method is also used in the article that compares the macro-competitiveness through the Index GCI of selected European economies – the Czech Republic, Poland, Austria, Switzerland and Germany. The aim of the paper is find out the position of the above economies in comparison to the three economies with the best score and also verify the hypothesis that the direct correlation between the size of the economy and its competitiveness exists.