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NewsWhore
10-30-2008, 05:20 PM
The Dominican Republic presented an overview of its competitiveness focus to the plenary assembly of The Competitiveness Institute Conference in Cape Town, South Africa on Wednesday, 29 October. Jaime Moreno, advisor to the National Competitiveness Council spoke of the priority that has been given to developing ongoing dialogue and trust for building social capital to foster economic development. Also attending for the Dominican Republic are Maria Victoria Abreu of the National Competitiveness Council and Dolores Vicioso of DR1.com (http://dr1.com)
The DR case was chosen along with those of Singapore (Asia), Canada (North America) and Mauritius (Africa) as an example of dynamic country efforts. The presentations were part of a panel discussion following expositions by Professor Christian Ketels of Stockholm School of Economics and Harvard Business School and Kevin Murphy, president of JE Austin Associates on innovative clusters as the core building blocks of a modern economy. During the presentations, Christian Ketels stressed that quality of cluster policies is more important than push and intensity of cluster efforts, focusing on a stand for quality rather than quantity. Kevin Murphy presented a concise checklist for a competitiveness framework.
The TCI conference began on Tuesday with a keynote speech by former Prime Minister of Finland and vice president of Nokia, Esko Aho who challenged governments to be prepared to take risks and accept that when innovating to change the course of a nation, results will come slower, but it will be an investment in the future. Aho advised them to be aware of only replicating success stories, stressing that the success stories of today can be the failures of tomorrow in this rapidly changing world marked by connectivity and deep global interdependence. He warned politicians that at times of crisis they should not just think of the next election, because that would be a short-term focus, when what is needed is a long-term focus to achieve development goals. He also said that "Now is the time to make investments for the future in environmental and energy solutions." He concluded: "In the world today we need less innovative solutions in the finance sector and more in real economy."

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