Department stores have to reinvent the economics of their business to remain competitive and ensure they stick around for the next 100 years.
The digitisation and globalisation of the economy is radically reshaping the dynamics of competition in many markets.
Associate Director, Competition
Because of its political appeal, the notion of competitiveness will not disappear. But at least economists now have a more developed toolkit to guide such discussions towards well-grounded solutions.
Consultant, Public Policy