Current Methods and Practices for Evaluation the EU Social Resilience: Composite Index Approach

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F19%3A10241197" target="_blank" >RIV/61989100:27510/19:10241197 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Current Methods and Practices for Evaluation the EU Social Resilience: Composite Index Approach

Popis výsledku v původním jazyce

Regional economies have always been prone to different kinds of shocks such as economic downturns, industry shocks, financial and monetary crises, which can destabilize the path and pattern of regional economic growth. Economic growth has lifted hundreds of millions out of poverty and improved the lives of many more over the last half-century. Yet it is increasingly evident that a model of development based solely on economic progress is incomplete. We must widen our understanding of the success of societies beyond economic outcomes. Nowadays, the problem of determining the internal reserves of socio-economic development of region becomes more important, the solution of which requires the development of new approaches to the definition of essence, structure, methods for assessing the socio-economic potential. The question of how to measure development has attracted the attention of economists and other social scientists as well as non-government organizations and policy-makers for many decades. Right measurement is a powerful instrument for social progress; wrong or imprecise measurement a source of hazard and even havoc. Measurement of a region&apos;s progress plays a crucial role in improving the prosperity and quality of life of regional communities. This process has however proven difficult as contemporary views on the measurement of regional development are presented as multi-dimensional concepts. Several methods of evaluating regional economies exist, most of the methods have their own limitations in the selection of relevant indicators and weighting scheme. Despite the limitations, several approaches in the form of composite indices have been proposed by the European Union and the other institutions. This paper discusses the challenges faced in the design of composite indices of regional development in socio-economic issues.

Název v anglickém jazyce

Current Methods and Practices for Evaluation the EU Social Resilience: Composite Index Approach

Popis výsledku anglicky

Regional economies have always been prone to different kinds of shocks such as economic downturns, industry shocks, financial and monetary crises, which can destabilize the path and pattern of regional economic growth. Economic growth has lifted hundreds of millions out of poverty and improved the lives of many more over the last half-century. Yet it is increasingly evident that a model of development based solely on economic progress is incomplete. We must widen our understanding of the success of societies beyond economic outcomes. Nowadays, the problem of determining the internal reserves of socio-economic development of region becomes more important, the solution of which requires the development of new approaches to the definition of essence, structure, methods for assessing the socio-economic potential. The question of how to measure development has attracted the attention of economists and other social scientists as well as non-government organizations and policy-makers for many decades. Right measurement is a powerful instrument for social progress; wrong or imprecise measurement a source of hazard and even havoc. Measurement of a region&apos;s progress plays a crucial role in improving the prosperity and quality of life of regional communities. This process has however proven difficult as contemporary views on the measurement of regional development are presented as multi-dimensional concepts. Several methods of evaluating regional economies exist, most of the methods have their own limitations in the selection of relevant indicators and weighting scheme. Despite the limitations, several approaches in the form of composite indices have been proposed by the European Union and the other institutions. This paper discusses the challenges faced in the design of composite indices of regional development in socio-economic issues.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/GJ17-23411Y" target="_blank" >GJ17-23411Y: Rozdělení příjmu ve společnosti: ekonometrické modely a kritéria dominance protínající Lorenzovy křivky</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Economic policy in the european union member countries : proceedings of 16th international scientific conference : September 12-14, 2018, Čeladná, Czech Republic

ISBN

978-80-7510-289-8

ISSN

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e-ISSN

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Počet stran výsledku

12

Strana od-do

337-348

Název nakladatele

Slezská univerzita v Opavě

Místo vydání

Opava

Místo konání akce

Čeladná

Datum konání akce

12. 9. 2018

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000485363200037