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Proposition of development and growth through Economic Development Index

Davoyan, Ashot (2023) Proposition of development and growth through Economic Development Index. In: Lau, Evan, Brahmana, Rayenda Khresna and Tan, Lee Ming, (eds.) Economics and Finance Readings: Selected Papers from Asia-Pacific Conference on Economics & Finance, 2022. Springer Nature Singapore, 15 - 25. ISBN 9789819919789

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Identification Number: 10.1007/978-981-99-1979-6_2

Abstract

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: Book Section
Official URL: https://link.springer.com/book/10.1007/978-981-99-...
Additional Information: © 2023 The Author(s)
Divisions: Management
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HC Economic History and Conditions
H Social Sciences > H Social Sciences (General)
Date Deposited: 21 May 2024 14:36
Last Modified: 03 Oct 2024 01:15
URI: http://eprints.lse.ac.uk/id/eprint/123557

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