Despite manifold efforts, accuracy of macroeconomic forecasts has not improved since the 1970s. Therefore, (some) economists demand more competitionʺ among forecasting institutions, hoping that allocative efficiency of market solutions holds in the field of macroeconomic forecasts, too....

Ensuring and maintaining staff competitiveness on the national and international level, the quantification of effective ways of enhancing competitive advantages of the national economy, are crucial strategies for socio-economic development of world countries. This article investigates the...