Page 7 - COMPASS - COMPETITIVENESS REPORT 2022 - COUNCIL OF COMPETITIVENESS IN GREECE

“COMPASS” REPORT 2022 – COUNCIL ON COMPETITIVENESS OF GREECE 5

ithout a doubt, 2022 has been a watershed year, with the war in Ukraine
and the ensuing energy crisis bringing violent upheaval to a world still try-
ing to heal from the impact of the global pandemic. In this unprecedented
Wcontext, Greece has demonstrated incredible resilience and determination
to preserve its growth momentum, steadfastly adhering to fiscal stability while at the same
time working to bolster its prospects for economic growth and social progress.

In this new landscape, strengthening economic competitiveness is key to developing solu-
tions and policies, as it is obvious that states, businesses and investors alike will, increasingly,
seek out the optimal way to achieve economic growth, overcome potential challenges and
safeguard social cohesion. It is now clear that whether or not an economy can move ahead
depends entirely on the key metrics that define its competitiveness and on a unified commit-
SIMOS
ment to development policies that fully utilise the given comparative advantages.
ANASTASOPOULOS

This third edition of the annual Compass report is the result of in depth analysis of global
PRESIDENT,
COUNCIL ON developments, our country’s momentum and potential, and the input of prominent leaders
COMPETITIVENESS from across public administration and the academic and business communities. From the
OF GREECE five pillars that determine the competitiveness of the Greek economy, there emerges a cru-
cial roadmap for addressing the root causes of our country’s poor performance in key areas
and, in doing so, strengthening both the government’s ongoing efforts and the considerable
growth potential of Greek entrepreneurship.