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Theoretical Grounds of the Development of Long-Term Competitive Advantages in International Trade

  • Józef Misala
Chapter
Part of the Innovation, Technology, and Knowledge Management book series (ITKM)

Abstract

Nowadays, we are witnessing an increasingly rapid process of internationalization of economic life. Such a state of affairs stems from many causes; however, striving for the welfare of populations of individual countries and regions may be considered the prevailing one. This causes increasingly intense mutual competition between various economic entities (households, enterprises, associations thereof, etc.), both on domestic markets and on international markets. In addition, authorities of individual countries and their groups participate in this struggle by way of determining the institutional and instrumental (systemic) frameworks for competition of the said entities. It is accompanied by theoretical research aimed at the development of a kind of subdiscipline of economics, generally defined as the theory and politics of international competitiveness of national economy.

Keywords

Foreign Direct Investment Comparative Advantage Foreign Trade International Competitiveness Unit Labor Cost 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer International Publishing Switzerland 2014

Authors and Affiliations

  1. 1.World Economy Research InstituteWarsaw School of EconomicsWarsawPoland

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