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Multivariate Statistical and Graphical Classification Techniques Applied to the Problem of Grouping Countries
| Date: | March 1985 |
| Type: | Reports |
| Series: | EDRC Statistical Reports |
Description
The paper considers the problem of classifying the ADB's developing member countries (DMCS) on the basis of 11 indicators of social and economic development. Both mathematical and graphical methods are tried. The study also explores the possible use of the same methods in monitoring and detecting the pace of socioeconomic development in individual countries as well as in comparison among countries. Thus the analysis covers two time periods of measurement of the indicators, viz., 1970 and 1980.
