World Scientific-now publishers Series in Business > Diagnostics for a Globalized World

Diagnostics for a Globalized World

Sten Thore, The University of Texas at Austin, USA, Ruzanna Tarverdyan, The Geneva Consensus Foundation, Switzerland,
Published: 02 Jun 2014
© 0 S. Thore and R. Tarverdyan
GlobalizationPerformance EvaluationData Envelopment AnalysisMillennium Development GoalsSustainable DevelopmentUnited NationsRio+20Post-2015 AgendaGeneva ConsensusWashington ConsensusBeyond GDPJan Tinbergen

Table of contents:
Part I. The Economic and Social Policy of Nations: Achievements and Failures
4. Overview
5. The Theory of Economic and Social Policy Reconsidered
6. Rating Country Performance by Frontier Analysis
7. The Beginnings
8. Decent Work
9. A Fair Globalization
10. Nested Decision Trees
11. Competitiveness
12. Disequilibrium and Chaos
Part 2. Geneva Consensus (Ruzanna Tarverdyan)
13. Overview
14. Beyond GDP
15. Beyond the Washington Consensus
16. Toward a Sustainable Globalization
Part 3. Remembering Times Past and Honoring Four Great Scholars (Sten Thore)
17. Overview
18. Jan Tinbergen
19. Abe Charnes
20. W Cooper
21. Ilya Prigogine

Diagnostics for a Globalized World

How do you gauge the accomplishments of policy and its failures? While a number of nations are successful in optimizing a socio-economic welfare function, others are woefully falling short of the optimal frontier. Diagnostics for a Globalized World proposes a reformulation of the inherited theory of economic and social policy (codified in the 1950s by Jan Tinbergen) to find a diagnostic tool in measuring the effectiveness of economic and social policy. Using a logarithmic adaptation of data envelopment analysis, the authors explain how to rank the attainment of nations of multidimensional goals such as those expressed by the UN Millennium Development Goals (MDGs) and upcoming Sustainable Development Goals (SDGs).

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