Transforming Economic Growth into Inclusive Development: An International Analysis

Albino Prada () and Patricio Sánchez-Fernández
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Albino Prada: ECOBAS - University of Vigo

Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2019, vol. 145, issue 1, No 19, 437-457

Abstract: Abstract This paper conducts a critical analysis on growth and development in world countries. Using different dimensions featured in the development of several synthetic indexes, it analyzes the relationship between wealth and development estimates. It therefore uses the indicator developed by the World Development Forum, the Inclusive Development Index, turned into complementary economic estimators for different scenarios. Its results allow us to identify key factors for robust synthetic indicators and detect the dimensions and variables of development that have a greater impact on the ranking of countries.

Keywords: Growth; Development; UNDP; World Economic Forum; Synthetic indicators (search for similar items in EconPapers)
JEL-codes: I31 O10 O57 P24 P44 R13 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s11205-019-02096-x

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