Abstract

DAZA ARAMAYO, Lourdes Gabriela. Determining competiveness in Latin America: application of a new method. Perf. latinoam. [online]. 2014, vol.22, n.44, pp.219-234. ISSN 0188-7653.

This paper presents the calculation of a new competiveness index for seventeen countries in Latin America. The position of each country in our index is based on the comparison of eight indicators in four dimensions and the weight thereof throughout the years 1999-2010. The competiveness index of selected Latin-American countries was calculated based on the sequence and value of these indicators, resulting in a ranking of these countries. We hold the idea that other competiveness indices calculated in the world are too complicated and don't cover all the countries. In this paper we presented a competiveness index and we have tried to demonstrate that it is possible to find other, simpler methods to calculate it.

Keywords : Latin America; competiveness; economic development; institutional factors; economic dimension; social dimension; technology.

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