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FORMATION OF STATE IMAGE: MANAGEMENT AND MARKETING ASPECTS (ANALYSIS OF WORLD RANKINGS)

Journal: International Journal of Management (IJM) (Vol.11, No. 4)

Publication Date:

Authors : ; ;

Page : 427-438

Keywords : National brand; National identity; Image of the country; National image; Global competitiveness.;

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Abstract

Strong sovereign image of the country contributes to economic growth. The image is formed as a result of political decisions of the country and political stability aimed at economic growth, welfare of the population, high quality of life, and therefore a positive outlook. The state should develop a strategy for forming a national brand for long-term positive perception, which includes the following components: power, society, economy, culture. The purpose of the study is to identify key factors in shaping a country's image through comparative analysis of a national brand across the world rankings of developed and developing countries. To achieve this goal, country development indicators and indices were analyzed. Many factors have been found to exert a moderate influence on the country's image. Political instability and political decisions instantly affect the image of the country, reducing brand value.

Last modified: 2020-05-19 22:15:32