Proposition of development and growth through Economic Development Index
Davoyan, A.
(2023).
Proposition of development and growth through Economic Development Index.
In
Lau, E., Brahmana, R. K. & Tan, L. M.
(Eds.),
Economics and Finance Readings: Selected Papers from Asia-Pacific Conference on Economics & Finance, 2022
(pp. 15 - 25).
Springer Nature Singapore.
https://doi.org/10.1007/978-981-99-1979-6_2
In modern economics, in addition to indicators of economic growth, the term “economic development” is regarded as relatively important. The term is considered a complex, multifactorial concept. In this article, I studied the importance of economic development and carried out a quantitative assessment through a number of indicators characterizing economic development in different countries. Consequently, the Economic Development Index was calculated, which included 11 sub-indexes, covering data of 102 countries from 2012 to 2019. Notwithstanding the quantitative assessment of economic development, it must be noted that it is, in essence, a qualitative phenomenon with complex and dynamic characteristics.
| Item Type | Chapter |
|---|---|
| Copyright holders | © 2023 The Author(s) |
| Departments | LSE > Academic Departments > Management |
| DOI | 10.1007/978-981-99-1979-6_2 |
| Date Deposited | 21 May 2024 |
| URI | https://researchonline.lse.ac.uk/id/eprint/123557 |
Explore Further
- https://www.scopus.com/pages/publications/85170623749 (Scopus publication)
- https://link.springer.com/book/10.1007/978-981-99-... (Official URL)