3. Area: 18,814 square miles
Slightly more than twice the size of New Hampshire
lowest point: Enrriquillo lake -46 m (-151’)
highest point: Duarte peak 3,175 m (10,417’)
Monday, January 6, 14
14. We define competitiveness as the set of
institutions, policies, and factors that
determine the level of productivity of a
country.
Monday, January 6, 14
16. Over 15,000 surveys from 142 economies between
January and June 2013. Following the editing
process, a total of 13,395 surveys were
retained.This represents an average of 98 respondents per country, while the median country
sample size is 89 responses.
Dominican Republic! 52
Monday, January 6, 14
17. GLOBAL COMPETITIVENESS INDEX
Basic requirements
subindex
Pillar 1. Institutions
Pillar 2. Infrastructure
Pillar 3. Macroeconomic environment
Pillar 4. Health and primary education
Efficiency enhancers
subindex
Pillar 5. Higher education and
training
Innovation and sophistication
factors subindex
Pillar 11. Business sophistication
Pillar 12. Innovation
Pillar 6. Goods market efficiency
Pillar 7. Labor market efficiency
Pillar 8. Financial market
development
Pillar 9. Technological readiness
Pillar 10. Market size
Key for
Key for
Key for
factor-driven
efficiency-driven
innovation-driven
economies
economies
economies
Source: Global Competitive Index 2013-2014
Monday, January 6, 14
18. 1.1: The Global Competitiveness Index 2012–2013
Table 1: Subindex weights and income thresholds for stages of development
STAGES OF DEVELOPMENT
Stage 1:
Factor-driven
Transition from
stage 1 to stage 2
Stage 2:
Efficiency-driven
Transition from
stage 2 to stage 3
<2,000
2,000–2,999
3,000–8,999
9,000–17,000
>17,000
Weight for basic requirements subindex
60%
40–60%
40%
20–40%
20%
Weight for efficiency enhancers subindex
35%
35–50%
50%
50%
50%
5%
5–10%
10%
10–30%
30%
GDP per capita (US$) thresholds*
Weight for innovation and sophistication factors
Stage 3:
Innovation-driven
Note: See individual country/economy profiles for the exact applied weights.
* For economies with a high dependency on mineral resources, GDP per capita is not the sole criterion for the determination of the stage of development. See text for details.
this point, competitiveness is increasingly driven by
higher education and training (pillar 5), efficient goods
markets (pillar 6), well-functioning labor markets (pillar 7),
developed financial markets (pillar 8), the ability to
harness the benefits of existing technologies (pillar 9),
Source: Global Competitive Index 2013-2014
and a large domestic or foreign market (pillar 10).
Monday, January 6, 14
Implementation of stages of development
Two criteria are used to allocate countries into stages of
development. The first is the level of GDP per capita at
market exchange rates. This widely available measure
is used as a proxy for wages, because internationally
comparable data on wages are not available for all
21. nomy steadily
nt, many
s of skills and
titiveness
Figure 1: Transport, electricity, and ICT
infrastructures in Latin America and the Caribbean
and the OECD, 2012
s up since last
nsolidates its
in Central
trengths with
, especially
53rd), despite
nt; its efficient
h levels of
h). The country
e of the most
ICT use
hindered
y, Panama
ucational
t still remains
te R&D
e Source: Global Competitive Index 2013-2014
more to
Monday, January 6, 14
(94th), which
Transport Infrastructure
7
6
5
4
3
2
Electricity supply
Latin America and the Caribbean
OECD
33. Comparison of the Global Competitive
Index of DR-CAFTA Countries
Costa Rica
Honduras
El Salvador
R. D.
Guatemala
Nicaragua
120
90
60
30
0
GCI 07-08
GCI 08-09
GCI 09-10
Source: World Economic Forum
Monday, January 6, 14
GCI 10-11
GCI 11-12
GCI 12-13
GCI 13-14
34. Comparison of the Global Competitive
Index of DR-CAFTA Countries
Costa Rica
Honduras
El Salvador
R. D.
Guatemala
Nicaragua
120
90
60
30
0
GCI 07-08
GCI 08-09
GCI 09-10
Source: World Economic Forum
Monday, January 6, 14
GCI 10-11
GCI 11-12
GCI 12-13
GCI 13-14
35. Comparison of the Global Competitive
Index of DR-CAFTA Countries
Costa Rica
Honduras
El Salvador
R. D.
Guatemala
Nicaragua
120
90
60
30
0
GCI 07-08
GCI 08-09
GCI 09-10
Source: World Economic Forum
Monday, January 6, 14
GCI 10-11
GCI 11-12
GCI 12-13
GCI 13-14
36. Imports from the USA to the DR-CAFTA Countries
C. R.
Honduras
R. D.
Nicaragua
El Salvador
Guatemala
8000
6000
4000
2000
0
2004
2005
Source: US Census Bureau
Monday, January 6, 14
2006
2007
2008
2009
2010
2011
2012
37. Exports from DR-CAFTA countries to the USA
C. R.
Honduras
R. D.
Nicaragua
El Salvador
Guatemala
15000
11250
7500
3750
0
2004
2005
Source: US Census Bureau
Monday, January 6, 14
2006
2007
2008
2009
2010
2011
2012
38. Deficit of the DR-CAFTA countries
with the USA
C. R.
Honduras
R. D.
Nicaragua
El Salvador
Guatemla
5000
3750
2500
1250
0
-1250
-2500
-3750
-5000
2004
2005
Source: US Census Bureau
Monday, January 6, 14
2006
2007
2008
2009
2010
2011
2012
39. % GNP in mft. of total GNP
% MFT
26
19.5
13
6.5
0
2003
source: BANCENTRAL
Monday, January 6, 14
2004
2005
2006
2007
2008
2009
2010
2011
2012
40. % employment in mft. of total formal emplyment
% MFT
26
19.5
13
6.5
0
2003
2004
source: BANCENTRAL
Monday, January 6, 14
2005
2006
2007
2008
2009
2010
2011
2012
