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Super Advanced S M Nazmuz Sakib’s Economic Growth and Development Index (SASEGDI)

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  • Sakib, S M Nazmuz

Abstract

This research introduces a novel integrated measure of economic growth and development called the Super Advanced S M Nazmuz Sakib's Economic Growth and Development Index (SASEGDI). SASEGDI incorporates 12 key dimensions including GDP per capita, human development, productivity, CO2 emissions, income inequality, economic freedom, corruption, competitiveness, political stability, social welfare, innovation, and environmental sustainability. Quantitative correlation analysis among 180 countries shows SASEGDI has strong positive correlation with human rights protection but negative correlation with civil liberties, political rights, and press freedom. Case studies of Norway, China, Saudi Arabia, and Venezuela using SASEGDI values imply a potential trade-off between economic development and human freedoms. Triangulation with qualitative analysis suggests policies enhancing SASEGDI may also restrict human rights and liberties. The SASEGDI provides a multidimensional tool to evaluate and compare country performance on economic growth and development while highlighting the complex interlinkages with human rights and freedoms. Further research could apply SASEGDI to study impacts of culture, institutions, and regimes on developmental outcomes.

Suggested Citation

  • Sakib, S M Nazmuz, 2023. "Super Advanced S M Nazmuz Sakib’s Economic Growth and Development Index (SASEGDI)," OSF Preprints h2frz, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:h2frz
    DOI: 10.31219/osf.io/h2frz
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    References listed on IDEAS

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    1. Niels Lind, 2019. "A Development of the Human Development Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 146(3), pages 409-423, December.
    2. Bin Zhou & Stephan Thies & Ramana Gudipudi & Matthias K B Lüdeke & Jürgen P Kropp & Diego Rybski, 2020. "A Gini approach to spatial CO2 emissions," PLOS ONE, Public Library of Science, vol. 15(11), pages 1-14, November.
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