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Socio-Economic Development in the EU: A Multi-Criteria Analysis.
- Source :
- Economic Insights - Trends & Challenges; 2017, Vol. 69 Issue 1, p61-68, 8p
- Publication Year :
- 2017
-
Abstract
- Socio-economic development of EU countries has been and remains a constant concern of specialists in the field in recent years, reflected in a country's welfare analysis by socio-economic factors. The study shows that while some European Union countries have a high level of GDP, it lags behind other countries if we consider other indicators showing the level of socio-economic development. The paper evaluated and compared disparities between the 28 EU countries based on a set of indicators that combine relevant economic and social data. The indicators used in research provide insight into three key areas for sustainable development- economic development, innovation, competitiveness and employment. The method used is that of real rank, resulting in a ranking of them according to the importance given to each indicator in terms of information content. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 22848576
- Volume :
- 69
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Economic Insights - Trends & Challenges
- Publication Type :
- Academic Journal
- Accession number :
- 125362008