Our goal is to analyse the inequality aspects of Human Development Index and to propose a new aggregation function that can adjust it by considering inequality penalisation. We take into account inequality across dimensions and across individuals and three laws of inequality penalisation:...

One of the most serious weaknesses of the human development index (HDI) is does not take into account the distribution of human development within a country. All previous attempts to capture inequality in the HDI have also used aggregate information and there exists no HDI at the household...

The main objective of this paper is to apply a simple linear regression analysis to answer the question of whether international country ranking can be reasonably considered as a new autonomous factor of the development of European transitional economies. Do they represent a recipe for faster...