Problem
1. Global Competitiveness Index:
Which macroeconomic concept can be reflected through the Global Competitiveness index for specific country? Is it Fiscal, Monetary, Commercial or Supply Side Policy, or GDP? Please explain more details.
2. Foreign Direct Investment and Gross Capital formation:
2.1. When looking for indicator of investment in specific country, which is more powerful and influential; Gross Capital formation of foreign direct investments and why?
2.2. What is the difference between both of them; please try to simplify the answer.
2.3. When I can use Gross capital formation as indicator of investment versus the foreign direct investment and vice versa.
Kindly try to mention examples not just the internet definition as I need to really know when using both of them in analyzing macroeconomics.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.