Europa pomiędzy emocjami a racjonalnością: indeks zrównoważonego rozwoju dla europejskich krajów OECD
Europe Between Emotions and Rationality: Balanced Development Index (BDI) for European OECD Countries
Author(s): Andrzej K. Koźmiński, Adam Noga, Katarzyna Piotrowska, Krzysztof ZagórskiSubject(s): Policy, planning, forecast and speculation, Economic development, Transformation Period (1990 - 2010), Present Times (2010 - today), Socio-Economic Research
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: well-being; business cycle; social expectations; economics of emotions;
Summary/Abstract: The authors use a composite socioeconomic development indicator, called ALK (BDI) index, to analyze the economic situation in 22 European OECD countries in the period of 1999–2017. The indicator includes 45 social and economic variables contained in four groups: 1) assessments of the current social and political situation, 2) social predictions and expectations, 3) internal economic situation, 4) external factors. With respect to the impact of social expectations and external factors, four types of countries can be distinguished: independent rational, dependent emotional, dependent rational, and independent emotional. The most dangerous for socio-economic development is being in a group of dependent and emotional countries, characterized by a low investment rate and a high consumption share in GDP, which is dangerously approached by the Polish economy.
Journal: Ekonomista
- Issue Year: 2020
- Issue No: 2
- Page Range: 316-330
- Page Count: 15
- Language: Polish
