FEATURES OF ASSESSMENT AND COMPARISON OF THE LEVEL OF SOCIO-ECONOMIC DEVELOPMENT OF COUNTRIES BASED ON INTERNATIONAL RATINGS (ON THE EXAMPLE OF BRICS AND G7 COUNTRIES)

ОСОБЕННОСТИ ОЦЕНКИ И СОПОСТАВЛЕНИЯ УРОВНЯ СОЦИАЛЬНО-ЭКОНОМИЧЕСКОГО РАЗВИТИЯ СТРАН НА ОСНОВЕ МЕЖДУНАРОДНЫХ РЕЙТИНГОВ (НА ПРИМЕРЕ СТРАН БРИКС И G7)

Krasnokutskiy Pavel (Краснокутский П.А.), Zmiyak Sergey S. (Змияк С.С.) and Kazakova Aminat (Казакова А.М.)
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Krasnokutskiy Pavel (Краснокутский П.А.): Don State Technical University
Zmiyak Sergey S. (Змияк С.С.): Don State Technical University; South-Russia Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration
Kazakova Aminat (Казакова А.М.): Don State Technical University

State and Municipal Management Scholar Notes, 2019, vol. 3, 101-107

Abstract: The paper explores the main features of compiling and calculating a number of international ratings used in assessing the level of socio-economic development of countries. The economies of developed (G-7 countries) and developing economies (BRICS countries) countries show differences in the results obtained using the indices in question. The conclusion is drawn on the relevance of applying an integrated approach when comparing the level of development of countries in the modern world economic system.

Keywords: world economy; intercountry comparison; indexes; international ratings; index of globalization; economic development; index of economic freedom; international trade; index of human development (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:rnp:smmscn:s19316

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