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Pseudo Comparitive Advantage: West Bay

This community has a underutilized workforce, that is not realizing its comparative advantage of being located on the coast. This community should focus on improving performance with respect to its labour market, job market, and income utilization. None of the three major aspects of its economy are relatively well structured.

The best competitive level for this community in terms of Demography is at the Economic Zone level where it has a low Pseudo Comparative Advantage

The best competitive level for this community in terms of Economic Structure is at the Economic Zone level where it has a low Pseudo Comparative Disadvantage

The best competitive level for this community in terms of Income Structure is at the Economic Zone level where it has a moderate Pseudo Comparative Disadvantage

Overview

This is community is a relatively

  • non-competitive provincial labour supply centre
  • competitive regional labour supply centre
  • competitive local labour supply centre

This community can compete with similar-sized communities on a regional scale.