Title page
Contents
Globalization and Korea National Competitiveness 3
Part Ⅰ. Global Competitiveness Programme : What do we mean by “competitiveness” ? 5
Global Competitiveness Programme : What are we trying to achieve? 6
The Global Competitiveness Programme 7
Part Ⅱ. The Growth Competitiveness Index 8
Growth Competitiveness Index Components 9
Public Institutions Rankings 10
Public Institutions Ranking : Key Variables 11
Macroeconomic Environment Rankings 12
Macroeconomic Environment Rankings : Key Variables 13
Technology Index Rankings 14
Part Ⅲ. The Global Competitiveness Index 15
The Global Competitiveness Index 16
The Global Competitiveness Index 17
The Global Competitiveness Index 18
The Global Competitiveness Index : List of countries in each stage 19
The Global Competitiveness Index 20
The Global Competitiveness Index 21
Creating a Competitive Financial System : Challenges in a Global Economy 22
Finance and growth 23
How do financial institutions and markets help growth? 24
How do financial markets impact structure of international trade? 25
How to foster a stable and efficient financial system 26
Macroeconomic stability 27
Legal framework 28
Information disclosure and sharing 29
Finance in a global economy-opening equity markets 37
Market structure-government ownership 30
Market structure-concentration vs. contestability 31
Financial safety net 32
Role of the government changes 33
Sequencing 34
Sequencing-interdependence 35
Finance in a global economy-foreign bank entry 36
Finance in a global economy-opening debt markets 38
Finance in a global economy-dollarization 39
International competitiveness of Korean Government 41
"Is Korea competitive globally?" 42
The World Competitiveness Scoreboard 2005 43
Growth Competitiveness Index rankings 2005 and 2004 comparisons 45
OECD countries above/below us in IMD record 47
Asian Region countries in IMD record 48
"Is the international competitiveness meaningful?" 49
Composition of Growth Competitive Index 50
Public Institutions Index Components 52
Contracts and law subindex 53
Corruption subindex 54
Factor Breakdown of the World Competitiveness 55
Economic Performance 56
Government Efficiency 57
Business Efficiency 58
Infrastructure 59
Government Efficiency components 60
Public Finance 61
Fiscal Policy 62
Institutional Framework 63
Business Legislation 64
Societal Framework 65
"Can Korean government do anything to enhance it?" 66
10 Strongest Criteria in Government Efficiency 67
10 Weakest Criteria in Government Efficiency 69
