Evaluation Methodology of the Development Stage of a Country
Evaluation Methodology of the Development Stage of a Country

Summary/Abstract: The assessment of a development stage of a country, as well as the determination of existing tendencies, is a sophisticated process, which has attracted the attention of economists for ages. Nevertheless, nowadays, the uniform methodology for the evaluation of a development stage of a country does not exist. World economists have identified plenty of factors that have more or less a significant impact on the economic situation of a country. However, the combination of the mentioned factors depends on the aim of the research. This paper presents the methodology for the evaluation of the development stage of a country in relation to the EU economic and political processes.

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