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The Balanced Development Index for Europe’s OECD Countries, 1999–2017

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The Balanced Development Index for Europe’s OECD Countries, 1999–2017 Synopsis

This book presents the Balanced Development Index (BDI), measuring socioeconomic development in twenty-two European OECD member countries in a period 1999-2017. Compared to other composite measures of development, BDI looks beyond traditional development indicators, such as GDP, to create an index which gives equal weight to social, economic, objective, and subjective aspects of development. The BDI aggregates forty-two detailed indicators into four composite middle-level indexes: external economic (characterizing functioning of national economies in their international surroundings), internal economic (characterizing various aspects of domestic economic conditions), social expectations (public hopes and fears concerning economic, political and social conditions), and current social condition (including both objective and subjective social indicators)—which are, in turn, aggregated into the general BDI index.

About This Edition

ISBN: 9783030392390
Publication date:
Author: Andrzej K Komiski, Adam Noga, Katarzyna Piotrowska, Krzysztof Zagórski
Publisher: Springer Nature Switzerland AG
Format: Paperback
Pagination: 112 pages
Series: SpringerBriefs in Economics
Genres: Development economics and emerging economies
Political economy

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