The project studies the effects of firm subsidies on global competitiveness. The study will be conducted with a clear distinction between two different aspects of competitiveness: short-term cost competitiveness, and long-term structural competitiveness. The aim is to better perceive different measures and objectives of economic policy, which willl facilitate the coordination between different economic policy objectives and means.
The project is carried out with funding from the Government’s analysis, assessment and research activities (VN-TEAS) and is linked to the Prime Minister’s Office’s flagship project to strengthen global competitiveness by improving the condition of business sector and entrepreneurship (the development of firm subsidies’ system). The project is conducted together with the VATT Institute for Economic Research. The final report will be completed in March 2019.