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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/58926
An Institutional, Social and Economic Performance Index, ISEPI, with an application to the European Neighbourhood Policy
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In this paper we design and build a composite indicator to measure the macroeconomic, social and institutional dimensions of countries, ISEPI. The index allows not only comparing the relative situation of countries, but also its time evolution. In order to illustrate the usefulness of the index, we analyse the effects of the European Neighbourhood Policy in EU-Neighbouring Countries during the last decade. The obtained results show that ENP has had different effects according to the considered dimensions and that the evolution of neighbouring countries is quite heterogeneous taking into account their recent institutional and economic performance. From a policy perspective, these results reinforce the validity of the bilateral action plans that have characterized ENP recognising the different starting point and particular characteristics of each neighbouring country.
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LÓPEZ-TAMAYO, Jordi, RAMOS LOBO, Raúl and SURIÑACH CARALT, Jordi. An Institutional, Social and Economic Performance Index, ISEPI, with an application to the European Neighbourhood Policy. IREA – Working Papers. 2014. Vol. IR14/23. ISSN 2014-1254. [consulted: 10 of June of 2026]. Available at: https://hdl.handle.net/2445/58926