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The Economic Competitiveness of Andorra: Financials Returns, Labor Productivity and International Gaps | 
 enlarge | Publisher: Icon Group International - POD
Category: Book
Buy New: $210.00
Sales Rank: 6175826
Format: Download: Pdf
Media: Digital
Pages: 154
ASIN: B000GLKQVQ
Publication Date: May 18, 2006
Availability: Available for download now
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Product Description
Is Andorra competitive? With the globalization of markets, the increased mobility of corporate assets, and the need for productive human resources, this question has become all the more complex to answer. This report was prepared to tackle this question by focussing on certain fundamentals: financial performance and labor productivity.
In the former case, we are essentially interested in the degree to which firms operating in Andorra have fundamentally different financial structures and performance compared to firms located elsewhere. With respect to this view of competitiveness, if one were to invest or operate in Andorra, how would the firm's asset structure likely vary compared to a firm operating in some other country in Europe or average location in the world? In Andorra, do firms typically hold more cash and other short term assets, or do they concentrate their assets in physical plant and equipment? On the liability side, do firms operating in Andorra have a higher percent of payables compared to other firms operating in Europe, or do they hold a higher concentration of long term debt? The structure of the income statement is also telling. Do firms operating in Andorra have relatively higher costs of goods sold, operating costs, or income taxes compared to firms located elsewhere in the region or the world in general? Are returns on equity higher in Andorra? Are profit margins greater? Are inventories held longer? Chapters 2, 3, 4 and 5 are designed to answer these and similar questions that naturally affect one's decision to invest or operate in Andorra. In many instances, people make all the difference. In addition to financial competitiveness, this report considers the extent to which labor deployment and productivity in Andorra differs from regional and global benchmarks. In this case, we are interested in the amount of labor required to operate a typical business in Andorra and the likely returns on this...
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