Benchmarking the drivers of industrial performance

INDUSTRIAL PERFORMANCE IS THE OUTCOME OF MANY SOCIAL, political and economic factors interacting in complex and dynamic ways. These interactions are often specific to each country, reflecting its history, culture, legal system, legal and institutional framework, social capital, political and social conditions and ways of doing business. Industrial performance also reflects macroeconomic policies as well as policies relating to technology and education. These factors need not be only national: the outside world can strongly affect industrial activity and performance. With globalization, the role of external factors and rules is growing rapidly.

Related Subject(s): Economic and Social Development
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