Standortwettbewerb

German

Etymology

Standort (location) +‎ Wettbewerb (competition)

Pronunciation

  • IPA(key): [ˈʃtantʔɔʁtvɛtbeˌvɛʁp]
  • Hyphenation: Stand‧ort‧wett‧be‧werb

Noun

Standortwettbewerb m (strong, genitive Standortwettbewerbs, plural Standortwettbewerbe)

  1. location competition, locational competition (the rivalry between different regions or countries to attract businesses, investment, and skilled labor by offering favorable conditions)
    Durch die Senkung der Unternehmenssteuern will das Land seine Position im internationalen Standortwettbewerb stärken.
    By lowering corporate taxes, the country aims to strengthen its position in the international location competition.

Declension

Hypernyms

Coordinate terms

Derived terms

  • Standortpolitik