The World Economic Forum (WEF), defines 'competitive' as a country's ability to use the forces and factors such as policies and institutions which contribute to and drive a countries ability to sustain and increase productivity. The WEF considers these factors important to a country's ability to ensure continued economic growth and increasing the economic prosperity of the population.
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Creane, S., Goyal, R., Mobarak, A.M., & Sab, R.2004, Financial Sector Development in the Middle East and North Africa [online], http://www.imf.org/external/pubs/ft/wp/2004/wp04201.pdf , 18 Mar. 2006.
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