Diamond Model
While Panama’s strategic location and robust infrastructure provide a strong foundation for global competitiveness, addressing challenges like income inequality and sustainability will unlock its full potential for long-term growth and prosperity.
Monaco’s limited land and resource constraints drive innovation and exclusivity, reinforcing its position as a resilient leader in luxury, finance, and sustainable development.
Despite Washington, D.C.’s strong competitive advantages driven by government demand, intellectual capital, and innovation, the city’s reliance on federal contracts presents a challenge in diversifying its economy for long-term sustainability.
Hawaii’s competitive advantages in tourism and sustainability offer long-term potential, but challenges such as high costs, geographic isolation, and dependence on imports hinder its economic resilience.
Texas’ competitive edge faces challenges in workforce development and sustainable energy transitions for long-term success.
Florida’s competitive strengths are robust, but challenges like climate change and economic inequality threaten its long-term prospects.
High costs and regulatory hurdles challenge California’s competitive edge in innovation.
Despite its strong competitive advantages, New York faces the challenge of maintaining its economic leadership amidst rising costs, inequality, and the need for continuous innovation.
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