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Composite Indicators of Development: Some Recent Contributions

Composite Indicators of Development: Some Recent Contributions

Sandrina B. Moreira, Nuno Crespo
Copyright: © 2017 |Pages: 23
ISBN13: 9781522507147|ISBN10: 1522507140|EISBN13: 9781522507154
DOI: 10.4018/978-1-5225-0714-7.ch007
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MLA

Moreira, Sandrina B., and Nuno Crespo. "Composite Indicators of Development: Some Recent Contributions." Emerging Trends in the Development and Application of Composite Indicators, edited by Veljko Jeremic, et al., IGI Global, 2017, pp. 140-162. https://doi.org/10.4018/978-1-5225-0714-7.ch007

APA

Moreira, S. B. & Crespo, N. (2017). Composite Indicators of Development: Some Recent Contributions. In V. Jeremic, Z. Radojicic, & M. Dobrota (Eds.), Emerging Trends in the Development and Application of Composite Indicators (pp. 140-162). IGI Global. https://doi.org/10.4018/978-1-5225-0714-7.ch007

Chicago

Moreira, Sandrina B., and Nuno Crespo. "Composite Indicators of Development: Some Recent Contributions." In Emerging Trends in the Development and Application of Composite Indicators, edited by Veljko Jeremic, Zoran Radojicic, and Marina Dobrota, 140-162. Hershey, PA: IGI Global, 2017. https://doi.org/10.4018/978-1-5225-0714-7.ch007

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Abstract

Development is a complex and multidimensional phenomenon. The quantification of such a phenomenon requires indicators that may capture its most important components. In this chapter we present an extensive list of composite indicators of development, identifying their main possible common dimensions: income, income distribution, education, health, employment, infrastructures, values, and environment. We also discuss in detail five recent indices characterized by their comprehensiveness: 1) Regional Quality of Development Index (QUARS) of Sbilanciamoci!; 2) Wellbeing Index (WI) and Wellbeing/Stress Index (WSI) for measuring sustainable development; 3) Gross National Happiness (GNH) from the Center for Bhutan Studies; 4) Bertelsmann Transformation Index (BTI) of Bertelsmann Stiftung; and 5) World competitiveness scoreboard from the Institute for Management Development (IMD).

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