Measuring development A comparison of the Visegrad countries based on their development indicators

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Bibliographic Details
Main Author: Al-Saadi Ali
Other Authors: Gáspár Dr. Tamás
Kardosné Dr. Mészáros Viktória
Format: Thesis
Kulcsszavak:Comparison
development
indicators
V4
visegrad countries
Online Access:http://dolgozattar.uni-bge.hu/47461
Description
Abstract:The thesis contains a detailed comparison of the Visegrad Quartet countries based on the development indicators of our days. It includes GDP, GDP per capita, the Human Development Index as well as the Inequality-adjusted Human Development Index. Moreover it discusses the Happy Planet Index and the Global Competitiveness Index, which consists of approximately 140 components. It turned out that the most developed country in the Visegrad group is the Czech Republic, while the least Developed is Hungary.Hungary is performing poorly regarding the security of their institutions, their social capital, the checks and balances, transparency, property rights, corporate governance, ICT adoption, macroeconomic stability, health, the skills of the current workforce, the product market, the labour market, the extent of meritocracy and incentivization, the financial system, as well as the business dynamism in the country. The government as well as the population needs to change their mindset if they aim to become more developed than any other country in the Visegrad Quartet.