V. Kondratiev, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO RAN), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (v.b.kondr@imemo.ru).
A. Egorov, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO RAN), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation.
S. Aukutsionek, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO RAN), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (aukutsionek@imemo.ru).
Abstract. Innovative assessments of different nations' global competiveness are rather contradictory. Traditional approach fails to explain many economic aspects of a competition. The assessments based on the World Economic Forum researches overstate the competitive performance level of countries with developed economy and understate this rate for developing countries, especially for such fast-moving countries like BRICS, including Russia.
Keywords: competiveness, competiveness ratings, Russia, BRICS countries, World Economic Forum (WEF), Russian Ecnomic Barometer (REB)
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