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Generally, competitiveness of the economy defines importance of the nationaleconomy in the world market. It is a very complex notion assessed by variousinstitutions using different indicators which actually reflect only selected aspects, suchas prospects for economic development, technological progress, quality of publicinstitutions, quality of the national business environment, quality of business legislation,level of prices as well as technical infrastructure.doaj:6becc89edcb14bae94ac2737431494e6 fatcat:id3ub6vnsng7zayh7x2pz3fo6e