Perspectives: Global Competitiveness Social Development

 Innovation Resonance                       Competitive Economic Development

 

Governance Perspectives and Development

In continuation of the Development Metric themes within American industry economics, this limited presentation shows some of the derived corporate benefit from conservative economic policies. The current unemployment data is from the U.S. Bureau of Labor Statistics website. The noticeable narratives collectively begin to reveal the growing economic divergence behavior within American society relative to methodology of human capital industry employment and financial capital accumulation with a growing focus on international investment developments. The purpose of this analysis is merely to reflect historical development [strategic religious interpretations usage] and allocation strategies within the economy regulatory policies relative to values and valuations.

Presentation Documents

Global Economy and Competitive Development [Growth Scenarios]

I am currently using the World Economy Comparison presentations as foundation to model various growth scenarios. The analysis variables are by country / region using economic growth and population growth estimates over a 10-year timeframe. The most likely analysis estimation with the greatest variance to experience is the global rate of population growth. The analysis presumption is that greater economic activity will reduce the rate of population growth which also means an estimated increase in global economic participation. 

This was not planned to be a forecast of the global economic future. However, it was prepared to give perspective on the impact of economic growth relationships and international economic alliances.

Taxation Concept for Competitive Development II

The following presentation updates the Taxation Concept for Global Competitiveness with an idea for how the industry categorization approach could work. Included is a reflection of the current industry tax contribution based upon the Industry Summary of the Top 60 U.S. Companies document previously used in the Corporate Financials blog.

A clarification of the proposal using the “Flat Tax” terminology was not an idea altering the United States' philosophical application of the progressive tax system on earnings. In my opinion, a federal income tax based on sales revenue increases the investment technical calculation breakeven hurdle limiting economic expansion and business creation. Political opposition could easily make the case that the government is placing collection priority ahead of the American people and their earnings.

Global Competitiveness [Taxation Concept] and Industry Relationships

Taxation Concept for Competitive Development

Much of the political debate regarding business policy occurs with differences attributable to the varying “languages” of interest groups and government's comparable functional role. The assumption is that all are working for the future interests of the United States of America. Considering this in addition to the analysis of the current competitive standing of the country illustrated in The Global Competitiveness Report, here are some ideas regarding the taxation and policy debate.

My blog post The United States and Global Competitiveness summarized the common categories for the very top tier countries of competitiveness and personal thoughts on the socio-economic development relationships. The derived conceptual taxation strategy includes these important competitive factors similarly identified in the World Economic Forum’s competitiveness report methodology structure. This proposal creation identifies categories for industry assignment and tax rate development considering: A) Utilization and depletion of resources factoring environmental costs of disaster cleanups and necessary government public safety regulatory concerns; B) derived Infrastructure impact benefits [“hard” costs of interstate maintenance, airport and air safety, national utilities system maintenance and upgrades; “soft” costs of institutional (education and legal) demands on human resources development and general government administration]; C) the American community social and economic development flexible funding for investment into future competitiveness; and D) Security and National Defense interests. The Rate would apply to all industry companies within  the category. 

Currently, the conceived industry category groups are:

Basic Factors                                                  Efficiencies

I.  Natural Resources (Utilization and Depletion)      III. Service Oriented

II. Infrastructure                                                V. Other Pass-through (Income / Consumption) 

Innovation

IV. Knowledge (Education) Based – [Science & Technology Advancement]

This approach incorporates many ideas from the taxation debate and social interest groups to tax industry with equivalent relative matching to the “tax” on global development. The factored “flat rate” for each category includes environmental and social impacts; patriotism for U.S. interests; contribution to U.S. future development while protecting the interest of generational contributions; and redefines the debate terminology with a perspective of all vested interests during times of budget and spending reductions.

Global Competitiveness (Taxation Concept)

The United States and Global Competitiveness

The United States has long been considered the pre-imminent global business environment as a result of the development of the country’s resources identified by the valuation as the world’s leading economy. Globalization focused development of critical resources for commercial growth to improve standards of living has increased competition and will force critical decisions to maintain the recognized leadership and global strategic position.

Review of The Global Competitiveness Report of 2009-2010  from the World Economic Forum, the United States is ranked 2^nd overall and ranked within the top 5 of countries in four of the twelve evaluative categories:

Market Size…1     Innovation..…1   Labor Market Efficiency….3    Business Sophistication…5

Also recognized by the report committee, the variables of determination are not mutually exclusive to determination of successful, progressive economic performance. However, it is clearly understood that providing quality education and maintaining a healthy population are very good for societal development toward such a goal. Both are current topics of political discussions. The following summarized version of the Global Competitiveness Report reflects the United States ranking within the 12 categories of study along with the identification of the top five countries within each. Given that the U.S. is currently ranked 3^rd in Labor Market Efficiencies, maybe political-legislative discussions should focus efforts on other areas for improvement. My personal data inference from review of commonalities among the top ranking competitive countries is that strong (1)Institutions build  (5)Higher Education & Training opportunities leading to (12)Innovation creating (9)Technology Readiness and (6)Goods Market Efficiencies.

Global Competitiveness Report         World Economic Forum

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3.4.2010 Update: Thoughts from a system development perspective on Competitiveness.

Most Innovative Companies of 2010

Top 25 Most Innovative Companies