Quotation Aiginger, Karl. 2018. Harnessing competitiveness for social and ecological goals. High road competitiveness is necessary and feasible. In: Competitiveness and Solidarity in the European Union: Interdisciplinary Perspectives, Hrsg. Chiocchetti, Paolo and Allemand, Frédéric, 1-22. London: Routledge.


RIS


BibTeX

Abstract

The term competitiveness has been “captured ” for too long by lobbyists and politicians in pursu ing a low wage strategy. The r ight -wing populists of today , like the new US administration, have extend ed this low road agenda by calling for lower environmental ambitions and for a lower social standard. The potential loss of jobs due to “unfair” low cost competitors, but also to inward migration , can mobilize popular support against globalization , even if the trade balance is positive , as it is in the EU. This article argues that countries focus ing on innovation, skills and product quality are more successful in the long run . Especially for industrialized countries this is the only strategy to further increase welfare, since low cost countries will enter the market all the time. A high road strat egy however needs an alternative framework of concepts and definitions: competitiveness is defined as the ability to deliver outcomes that includ e social and environmental goals ; p erformance is measured by “Beyond GDP indicators ”; and finally a systemic in dustrial policy has to support innovation and retrain the losers of structural change. In a “high road” approach , competiveness harness es societal goals and undermine s the roots of populism

Tags

Press 'enter' for creating the tag

Publication's profile

Status of publication Published
Affiliation WU
Type of publication Chapter in edited volume
Language English
Title Harnessing competitiveness for social and ecological goals. High road competitiveness is necessary and feasible.
Title of whole publication Competitiveness and Solidarity in the European Union: Interdisciplinary Perspectives
Editor Chiocchetti, Paolo and Allemand, Frédéric
Page from 1
Page to 22
Location London
Publisher Routledge
Year 2018
URL https://karlaiginger.wifo-pens.at/fileadmin/files_aiginger/publications/2018/Articlecompsols_160418_.pdf
ISBN 9781138545878
Open Access Y
Open Access Link https://karlaiginger.wifo-pens.at/fileadmin/files_aiginger/publication

Associations

People
Aiginger, Karl (Details)
Organization
Department of Economics DP (Details)
Google Scholar: Search