[kictanet] ICYMI - Competitiveness - Balancing the metrics

Patrick A. M. Maina pmaina2000 at yahoo.com
Fri Jan 4 10:54:29 EAT 2019


A must read article on the need to have balanced competitiveness indicators.
When a country scores highly on "Ease of doing business" rankings it does not necessarily mean that other critical factors for a thriving economy are in place. 
Balanced metrics can inform better policies and incentives. Example of additional metrics:
Competitiveness: What products or services does our country offer to global markets with a strong value proposition? Lots of potential for ICT here.
Predictability: Financial system e.g. banking & credit / Political / Regulatory / Dispute resolution... 
Income distribution: at what rate is the median purchasing power increasing?
Check it out...
https://www.businessdailyafrica.com/analysis/columnists/Competitiveness-a-more-valuable-growth-parameter/4259356-4920382-vvx9k6z/index.html
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