Gylfason, Thorvaldur, (2016), “Economic performance in two dimensions: How Europe beats the US”, Voxeu, 22 Αυγούστου
One-dimensional indicators such as GNI per capita are known to be flawed measures of wellbeing. The Human Development Index (HDI) introduced dimensions of health and education alongside income. This column argues that an HDI adjusted for inequality and hours worked gives deeper insight into a country’s economic standing. Using this composite measure, the US falls from first to seventh among G8 countries.
Σχετικές Αναρτήσεις
- Staehr, Karsten, Vermeulen, Robert, (2016), “How competitiveness shocks affect macroeconomic performance across euro area countries “, European Central Bank, Working Paper Series 1940, Ιούλιος
- Crescenzi, Riccardo, Luca, Davide, Milio, Simona, (2016), “The geography of the economic crisis in Europe: national macroeconomic conditions, regional structural factors and short-term economic performance”, Cambridge Journal of Regions, Economy and Society, Μάρτιος 2016