Assymetry in the world economy

  1. Iranzo Martín, Juan Emilio
Book:
Strategic Panorama 2013: Spanish Institute of Strategic Studies

Publisher: Instituto Español de Estudios Estratégicos ; Ministerio de Defensa

ISBN: 978-84-9781-853-7

Year of publication: 2013

Pages: 159-179

Type: Book chapter

Abstract

The globalisation of markets requires us to be more competitive � not, however, through traditional mechanisms of artificial devaluations or protectionist policies, but by emphasising the real factors influencing competitiveness: cost, quality, innovation, productivity etc. Moreover, macroeconomic stabilisation policies are the preconditions for ensuring strong and lasting growth in the long term.