What is Global Competitiveness

The Republic of Turkey represents solid business opportunities for both Foreign Direct Investment (FDI) and domestic enterprises. However, the economic sustainability of these opportunities lies in several key factors such as global hypercompetition, business creativity, the informal economy, and international brand equity. While abundant talent exists in multiple industries in Turkey, a major challenge is to encourage businesspersons and government elite to harness this talent better and make it more efficient. This chapter shall explore these and other factors like human resource management and English as a Foreign Language (EFL) training to examine how the nation's long-term economic prosperity can be maintained in a global environment which demands sustainable development.