CWR > Volume 6(1); 2020 > Article
Research Paper
Published online: March 1, 2020
DOI: http://dx.doi.org/10.14330/cwr.2020.6.1.01
The Chinese Position as a Global Player in International Comparison with the WTO Members: Efficiency Analysis and 4IR
Michaela Staníčková & Lenka Fojtíková
VŠB-Technical University of Ostrava
17. listopadu 2172/15, 708 00 Ostrava-Poruba, Czech Republic (EU).
Corresponding Author: michaela.stanickova@vsb.cz
ⓒ Copyright YIJUN Institute of International Law. This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
During the last quarter-century, globalisation processes affected changes in the world economy in the form of intensifying competition in the international and internal markets. The result is the creation of a global marketplace that is mostly indifferent to national borders and governmental influences. This development has generated widespread interest in competitiveness. Competitiveness affects international relations, especially nowadays, given the changing position of the global leaders and the growth of new economic powers such as China. China has come a long way and has the opportunity to be a global leader in several required fields that will be the cornerstones of global growth in the next decades. Led by China, emerging economies are increasing their share in the worldwide economy and intensifying competition in nearly all sectors. It creates new threats and challenges for players in the global economy, and growing competitiveness must be efficient. The article evaluates the Chinese competitiveness in comparison with the World Trade Organization members by the Data Envelopment Analysis in the pre-in-post crisis period and considering the Fourth Industrial Revolution shifting humanity into a new phase.
Keywords : 4IR, China, Competitiveness, DEA, Economic Development, Efficiency, Globalisation, Super-Efficiency, WEF, WTO
