DISPARITIES REGARDING COMPETITIVENESS, HUMAN CAPITAL AND INCLUSIVE DEVELOPMENT IN THE EU: A CLUSTER ANALYSIS
The paper intends to provide evidence regarding the disparities on global competitiveness, human capital and inclusive development across the European Union economies. The values of Global Competitiveness Index, Inclusive Development Index and Global Human Capital Index provided by the 2017-2018 W...
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Format: | Article |
Language: | English |
Published: |
Academica Brâncuşi
2019-02-01
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Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
Subjects: | |
Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2019-01/08_Neagu.pdf |
Summary: | The paper intends to provide evidence regarding the disparities on global competitiveness, human capital and
inclusive development across the European Union economies. The values of Global Competitiveness Index, Inclusive
Development Index and Global Human Capital Index provided by the 2017-2018 World Economic Forum reports are
considered in a cluster analysis. The composition of clusters is mixed as regards the level of economy (developed or
developing), geographical position (Western or Eastern and Central Europe) and old/new Member State; countries
belonging to a geographical region (i.e. Eastern or Central Europe) or economic group (i.e.developed or emerging
countries) are not grouped in the same cluster, emphasizing disparities among European countries at
regional/economic group level. It is found also that high differences in accumulation of human capital can coexist with
low disparities in inclusiveness or competitiveness and moderate levels of competitiveness and inclusive development
can be associated with high level of human capital endowment.
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ISSN: | 1844-7007 1844-7007 |