Competitiveness is a field of economic theory that analyses the facts and policies shaping the ability of a nation to create and maintain an environment that sustains value creation for its enterprises and more prosperity for its people.
Productivity sometimes sounds or seems like a very technical term and that most likely leaves the impression on people that it cannot be achieved through simple things that we embark on in our everyday life. To the contrary, productivity starts with you. It starts with small and or little things. Productivity is simply about the effective and efficient use of all resources.
Talking Productivity MEN’S and women’s roles in society have come quite a long way from the days of hunting and gathering; but they are still transforming dramatically.
The recent increase in the repo rate has seen some sectors of the economy and consumers feeling the pinch. However, it is arguable to say the nadir in rate cuts had been reached and it was somewhat expected that an increase was imminent.