Diamond Model
While Cuba faces challenges from economic restrictions and limited market competition, its strong human capital, rich natural resources, and growing private sector offer promising opportunities for future growth and innovation.
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.
Illinois’ strengths in workforce and infrastructure support growth, but sustaining innovation in a competitive global market remains a challenge.
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.
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