State Economic Strength and Some Methodological Issues on Its Assessment
| Autor: | Gwang-Nam Rim, Sun-Hui Hwang, Chol-Ju An, Sun-Nam Jang, Son-Hui Ri |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Economic structure
Sociology and Political Science Public economics media_common.quotation_subject Knowledge economy Knowledge-based economy 05 social sciences General Social Sciences State economic strength (SES) 050109 social psychology Variety (cybernetics) Economic strength assessment Arts and Humanities (miscellaneous) State (polity) 0502 economics and business Human geography Developmental and Educational Psychology Economics 0501 psychology and cognitive sciences 050207 economics Set (psychology) Individual country media_common Quality of Life Research Original Research |
| Zdroj: | Social Indicators Research |
| ISSN: | 1573-0921 0303-8300 |
| Popis: | At present, many international organizations and scholars, who are aimed to compare and assess country-specific economy or competitiveness, have set different standards and indicators and tried to assess the economic strength of individual country. But most of these standards and indicators are for the assessment of individual aspects and what is worse, they are not suitable for the real situation of the countries concerned. This paper deals with methodological issues on the assessment of state economic strength. To this end, authors investigate the preceding studies on the assessment of economy of a given country, conceptualize the state economic strength, set a new system of indicators for assessing it and on this basis, produce a methodology for the synthetic assessment of state economic strength. The findings are that state economic strength must be defined in a view of economic capability which any country can exhibit by itself even under uncertain external environment, the indicators for assessing it include a variety of indicators in line with its essence, and assessment methodology must be synthetic one based on considering the weights of indicators. These findings may help, on the one hand, in assessing the economy of a given country and taking an economic and technical measures for its strengthening for policymakers, and on the other hand, in comparing and assessing the country-specific economy for organizations or scholars in a new perspective. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink