<abstract xmlns="http://www.w3.org/1999/xhtml"><p> The question is how the global and local economic actors’ innovation-based local social and environmental objectives and results can modify the social cohesion strategies, how the disparities in economic and social development can be measured and evaluated at regional level in addition to a comparison across countries. We have seen that any one indicator in itself is not enough since it does not provide sufficient explanation for either the development disparities or their reasons. Anyway, in addition to GDP per capita, it is worth applying - and it is important to apply - such indicators as SPI and Well-Being, and various indices of social progress.</p></abstract>

The question is how the global and local economic actors’ innovation-based local social and environmental objectives and results can modify the social cohesion strategies, how the disparities in economic and social development can be measured and evaluated at regional level in addition to a comparison across countries. We have seen that any one indicator in itself is not enough since it does not provide sufficient explanation for either the development disparities or their reasons. Anyway, in addition to GDP per capita, it is worth applying - and it is important to apply - such indicators as SPI and Well-Being, and various indices of social progress.

Measurability of Social Development. Reflections on the Applicability of Social Progress Indices with Reference to Brexit

Budapest Business School, Finance Department of the Faculty of Finance and Accountancy,

Budapest Business School, Institute of Methodology,

Acta Universitatis Sapientiae, European and Regional Studies

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The question is how the global and local economic actors’ innovation-based local social and environmental objectives and results can modify the social cohesion...

Measurability of Social Development. Reflections on the Applicability of Social Progress Indices with Reference to Brexit

Published Online: Apr 06, 2017

Page range: 5 - 24

DOI: https://doi.org/10.1515/auseur-2016-0017

Keywords
economic development, purchasing power parity, GDP, Social Progress Index, country-level comparison, EU regional policy

© 2017

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Measurability of Social Development. Reflections on the Applicability of Social Progress Indices with Reference to Brexit

Published Online: Apr 06, 2017

Page range: 5 - 24

DOI: https://doi.org/10.1515/auseur-2016-0017

Keywordseconomic development, purchasing power parity, GDP, Social Progress Index, country-level comparison, EU regional policy

© 2017

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
economic development, purchasing power parity, GDP, Social Progress Index, country-level comparison, EU regional policy