Human development is about expanding the choices human beings have to lead lives that they value and is captured by its capability sets which consist of various functioning vectors. The standard of living is then reflected in capability sets. This paper proposes some particular ways of measuring...

Emerging Europe has undergone a major economic transformation over the past 25 years. Most countries experienced initial drops in output during transition, followed by recovery in the second half of the 1990s. The path of transition in the Western Balkans has however been particularly uneven....

Human development is about expanding the choices human beings have to lead lives that they value and is captured by its capability sets which consist of various functioning vectors. The standard of living is then reflected in capability sets. This paper proposes some particular ways of measuring...

The geographic structure of the Magharib countries necessitates its political and economic partnership. However, there were many hindrances that curtailed further mutual benefits in the past decades. That minimized its economic cooperation in many ways. The emergence of the WTO adds to questions...

While consumer sustainability benefits exhibit particular characteristics, e.g., as they are typically based on non-use value, they can be measured by standard instruments as applied in environmental cost-benefit analysis, such as conjoint analysis and contingent valuation. Their measurement may...

We use novel and unique survey data from Italy to shed light on key questions regarding the measurement of social capital and the use of social capital indicators for empirical work. Our data cover a sample of over 600,000 respondents interviewed between 2000 and 2015. We identify four distinct...

This essay will deal with the biggest problem I consider we face in modern times. The existence of extreme poverty in current times is a paradox when we consider the levels of prosperity we have reached as a society. I will explore why I consider its persistence the result of an inadequate moral...

Despite the unquestionable glamour of the topic, the measurement aspects of smartness are often mistreated in favor of the dissemination of best practices and projects at local level. Until now, nearly all the experiments to measure smartness at local level have produced rankings based on...

Monitoring of poverty indexes and structure of household expenditures is one of diagnostic and warning tool for social politics. Well-being or poverty of selected households’ groups can be illustrated not only by mentioned categories, but also by possession of consumer durables. Thus, there is...

This paper proposes foundations and a methodology for survey-based tracking of well-being. First, we develop a theory in which utility depends on “fundamental aspects” of well-being, measurable with surveys. Second, drawing from psychologists, philosophers, and economists, we compile a...