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CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

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A competitiveness index for the regions of a country

This article, which forms part of a comprehensive research project on measuring the level of competitiveness, sets out a proposal for developing an index to measure the competitiveness of the regions of a country. The aim is to develop a new approach to competitiveness, by measuring how resources and capacities are managed in a given region of a country, to generate a sustained increase in business productivity and the well-being of its population. The following pillars of the competitiveness of regions are identified: (i) government and institutions; (ii) economic development; (iii) productive infrastructure; (iv) human capital; and (v) business efficiency. For each of these pillars, five factors and their variables are identified to measure the various aspects of regional competitiveness. These represent a second and third level of disaggregation that enhance the analysis that can be made using the results obtained.

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