india's performance across the 12 pillars of competitiveness analytical paragraph
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Institutions:-
- measures 12 areas which include institutions, infrastructure, macro- economic environment, health and primary education, higher education and training, goods and market efficiency, labour market efficiency among others.
infrastructure:-
- Appropriate Infrastructure Development Group (AIDG) provided access to environmentally friendly infrastructure in impoverished communities in developing countries through a combination of business incubation, education, and direct outreach.
microeconomics environment:-
- It generally applies to markets of goods and services and deals with individual and economic issues.Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources
health and primary education:-
- the health and primary education is aHealth Education is offered to all pupils at the primary levels. The key emphasis of the syllabus is to provide pupils with knowledge and skills to empower them to take care of their health and the health of others and the environment.
higher education and training:-
- A healthy lifestyle should focus on appropriate levels of physical activity, eating real foods and undertaking activities that promote health, quality sleep, effective stress management, avoiding toxic overload, developing healthy relationships, and feeling a sense of purpose
Goods Market efficiency :-
- If markets are efficient, then all information is already incorporated into prices, and so there is no way to "beat" the market because there are no undervalued or overvalued securities available.
Labour market efficiency:-
- Efficient labor markets also incentivize both employees and employers to act in ways that promote the productivity of human capital: workers to work as efficiently as possible and employers to provide the right incentives.
Financial markets development:-
- financial instruments, markets, and intermediaries ease the effects of information, enforcement, and transactions costs and therefore do a correspondingly better job at providing the key functions of the financial sector in the economy. Importance of financial development
Technological Readiness:-
- The use of TRLs enables consistent, uniform discussions of technical maturity across different types of technology
Market Size:-
- "market size" is made up of the total number of potential buyers of a product or service within a given market, and the total revenue that these sales may generate. It's important to calculate and understand market size for several reasons.
Business sophistication:-
- Business sophistication concerns the quality of a country's overall business networks as well as the quality of individual firms' operations and strategies.
invession :-
- process of making an idea or invention into a good or service that creates value and/or for which customers will pay.
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