The Assessment of Reforms in Different Countries by Social-Economic Development Integral Index

The purpose of this report is to suggest a new
methodology for the assessment of the comparative efficiency of the
reforms made in different countries by an integral index. We have
highlighted the reforms made in post-crisis period in 21 former
socialist countries.
The integral index describes the social-economic development
level. The integral index contains of six indexes: The Global
Competitiveness Index, Doing Business, The Corruption Perception,
The Index of Economic Freedom, The Human Development, and
The Democracy Index, which are reported by different international
organizations. With the help of our methodology we first summarized
the above-mentioned 6 indexes and attained 1 general index, besides,
our new method enables us to assess the comparative efficiency of the
reforms made in different countries by analyzing them.
The purpose is to reveal the opportunities and threats of socialeconomic
reforms in different directions.

• Samson Davoyan
• Tatevik Sahakyan

• Assessment
• comparative
• effectiveness
• reforms

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