Evaluating the Changes in Economic and Social Development of Lithuanian Counties by Multiple Criteria Methods
Evaluating the Changes in Economic and Social Development of Lithuanian Counties by Multiple Criteria Methods
Author(s): Romualdas Ginevičius, Valentinas PodvezkoSubject(s): Economy
Published by: Vilnius Gediminas Technical University
Keywords: regional development; criteria of development; multiple criteria analysis
Summary/Abstract: Under the conditions of the country’s economy restructurization, the differences between economic and social development of various regions are becoming more prominent. To smooth these differences, a number of scientific and practical problems associated with the concepts of a region, regional policy and its aims, determination of the boundaries of a region and evaluation of its development, etc., should be thoroughly investigated. To solve such complicated problems, multicriteria evaluation methods have been recently used, which could take into consideration the major aspects of economic and social development of the regions, including the environmental problems, as well as multidimensional character of the criteria, different directions of their changing and significances. Quantitative evaluation of social and economic region’s development allows us to determine the changes, taking place in this development. This, in turn, shows the effectiveness of the EU structural funds, national programmes and other facilities used in conducting the regional policy.
Journal: Technological and Economic Development of Economy
- Issue Year: 2009
- Issue No: 3
- Page Range: 418-436
- Page Count: 19
- Language: English