Comparisons of Baltic Countries’ Development: Practical Aspects of Complex Approach Cover Image

Baltijos šalių išsivystymo palyginimas: praktiniai kompleksinio požiūrio taikymo aspektai
Comparisons of Baltic Countries’ Development: Practical Aspects of Complex Approach

Author(s): Romualdas Ginevičius, Virginija Grybaitė, Manuela Tvaronavičienė
Subject(s): Economy
Published by: Vilnius Gediminas Technical University
Keywords: Countries' development; multi-criteria evaluation; modeling; sustainable development; Lithuania; Latvia; Estonia; the European Union.

Summary/Abstract: In the pre­sen­ted pa­per it is ai­med to re­ve­al how dif­fe­rent ap­pro­ach to­wards de­ve­lop­ment mea­su­re­ment im­pacts on coun­tries' ran­king re­sults. De­ve­lop­ment of Lit­hu­a­nia, Lat­via and Es­to­nia is being es­ti­ma­ted by using three mul­ti-cri­te­ria met­hods, each of which is in­de­pen­dent­ly ap­plied to chosen sys­tem of in­di­ca­tors with dif­fe­rent­ly mo­de­led sig­ni­fi­can­ces of com­pri­sing com­po­nents. Authors' over­view of con­si­de­red coun­tries de­ve­lop­ment du­ring 2000–2006 year pe­riod is being performed in the fol­lo­wing way: they jux­ta­po­se res­pec­ti­ve­ly com­pu­ted com­plex in­di­ca­tors' trends and GDP growth, rank the Bal­tic coun­tries ac­cor­ding to their le­vel of de­ve­lop­ment, and com­pa­re them to the Eu­ro­pe­an Union coun­tries. Ob­tai­ned re­sults al­lo­wed to in­di­ca­te how much spe­ci­fic mul­ti-cri­te­ria met­hod and its ap­pli­ca­tion pre­mi­ses im­pact on eva­lu­a­tion of conc­re­te coun­try and in what ca­ses countries' ran­king de­pends on eva­lu­a­tion tech­no­lo­gy the most. As a re­sult, so­me prac­ti­ca­li­ties of multicri­te­ria met­hods ap­pli­ca­tion ha­ve be­en ela­bo­ra­ted and im­pact of their use on eco­no­mic ana­ly­sis disclosed.

  • Issue Year: 2008
  • Issue No: 1
  • Page Range: 51-64
  • Page Count: 14
  • Language: Lithuanian
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