Revisiting the Meaning of Development: A Multidimensional Taxonomy of Developing Countries
Sergio Tezanos V�zquez and
Andy Sumner
Journal of Development Studies, 2013, vol. 49, issue 12, 1728-1745
Abstract:
Many have challenged the use of income per capita as the primary proxy for measuring development since Seers's seminal works. This article continues this tradition with a more recent twist. We use cluster analysis to build a multidimensional taxonomy of developing countries using a set of indicators covering four conceptual frames on 'development'. The value-added of the article is not to suggest that our classification is the end in itself, but -- more modestly -- to demonstrate that more work on taxonomies is required in light of the weakness of classifications based solely on income and the changing distribution of global poverty.
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jdevst:v:49:y:2013:i:12:p:1728-1745
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DOI: 10.1080/00220388.2013.822071
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