TY - JOUR AU - Krugman, P AB - PAUL R. KRUGMAN Massachusetts Institute of Technology I. INTRODUCTION Most of us, despite all the evidence, cling to a vision of publicdiscourse in which great issues are decided by profound debates among deep thinkers. We like to imagine that the authors we read in intellectual magazines, the talking heads we see on television, are really engaged in such debates--that while they may have differences of opinion, they start from a shared base of knowledge and understanding. When it comes to international economics, however, nothing could be further from the truth. Debates about international trade are a study in confusion and misconceptions, in which the `experts' you see, hear, and read are usually misinformed about the most basic facts and concepts--and in which even those who are fairly sound on the economics do not understand the nature of the debate. The discussion of competitiveness is a case in point. The idea that the economic success of a country depends on its international competitiveness took hold among business, political, and intellectual leaders in the late 1970s. The World Economic Forum, which hosts the famous Davos conferences, began issuing its annual World Competitiveness Report in 1980, and the rankings in that TI - Making sense of the competitiveness debate JF - Oxford Review of Economic Policy DO - 10.1093/oxrep/12.3.17 DA - 1996-09-01 UR - https://www.deepdyve.com/lp/oxford-university-press/making-sense-of-the-competitiveness-debate-uAhbeLtlh1 SP - 17 EP - 25 VL - 12 IS - 3 DP - DeepDyve ER -