Trend Market Economy, Bertelsmann Stiftung’s Transformation Index (BTI), 2018 (doi:10.60507/FK2/QNE59L)

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Document Description

Citation

Title:

Trend Market Economy, Bertelsmann Stiftung’s Transformation Index (BTI), 2018

Identification Number:

doi:10.60507/FK2/QNE59L

Distributor:

bonndata

Date of Distribution:

2023-09-18

Version:

1

Bibliographic Citation:

Amit Kumar Basukala, 2023, "Trend Market Economy, Bertelsmann Stiftung’s Transformation Index (BTI), 2018", https://doi.org/10.60507/FK2/QNE59L, bonndata, V1

Study Description

Citation

Title:

Trend Market Economy, Bertelsmann Stiftung’s Transformation Index (BTI), 2018

Identification Number:

doi:10.60507/FK2/QNE59L

Identification Number:

53c901f1-6e3c-4aaa-8ea4-8c3a28bf1b30

Authoring Entity:

Amit Kumar Basukala (Center for Development Research, Department Economy and Technological Change (ZEF B), University of Bonn)

Distributor:

bonndata

Access Authority:

Amit Kumar Basukala

Access Authority:

Jan Börner

Holdings Information:

https://doi.org/10.60507/FK2/QNE59L

Study Scope

Keywords:

Other

Topic Classification:

STRIVE, trend, market economy, index, market

Abstract:

Trend Market Economy is calculated based on data of Market Economy status index for 2016 and 2018 whether it is increasing or decreasing. Market Economy Status index is calculated taking account indicators like Level of Socioeconomic Development, Organization of the Market and Competition, Currency and Price Stability, Private Property, welfare regime, economic performance and sustainability. Market Economy Status index is one of indicators contributing for Bertelsmann Stiftung’s Transformation Index (BTI). The short description of Bertelsmann Stiftung’s Transformation Index (BTI)is given below :- Advocating reforms aimed at supporting the development of a constitutional democracy and a socially responsible market economy, the BTI provides the framework for an exchange of good practices among agents of reform. The BTI publishes two rankings, the Status Index and the Management Index, both of which are based on in-depth assessments of 129 countries. The Status Index ranks the countries according to the state of their democracy and market economy, while the Management Index ranks them according to their respective leadership’s management performance. Distributed among the dimensions of democracy, market economy and management, a total of 17 criteria are subdivided into 49 questions. BTI countries are selected according to the following criteria: They have yet to achieve a fully consolidated democracy and market economy, have populations of more than two million (excepting seven states chosen as particularly interesting cases), and are recognized as sovereign states. Quality/Lineage: The data is downloaded from the above link https://www.bti-project.org/en/data/ and manipulated only table format keeping the value same for all the countries as the requirement of the Strive database. The map is created based on the values of the country using rworldmap package in R.

Time Period:

2018-01-01-2018-12-31

Date of Collection:

2018-12-21T04:00:00-2018-12-21T04:00:00

Geographic Coverage:

World

Geographic Bounding Box:

  • West Bounding Longitude: -138.51561887217792
  • East Bounding Longitude: 139.2187560891668
  • South Bounding Latitude: -56.50132027168769
  • North Bounding Latitude: 74.24065136308329

Notes:

This dataset was first published on the institutional Repository "Zentrum für Entwicklungsforschung: ZEF Data Portal" with ID={53c901f1-6e3c-4aaa-8ea4-8c3a28bf1b30}.

Methodology and Processing

Sources Statement

Data Access

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ReadMe_Variables.txt

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