Rating of resource-oriented countries based on aggregated sustainable development indexes

V Khinkiladze,M.A Nevskaya,V.S Litvinenko

doi:10.1051/e3sconf/202126606009

V Khinkiladze, M.A Nevskaya + Show 1 more

Open Access

https://doi.org/10.1051/e3sconf/202126606009

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Abstract

Today, there is an acute problem of ensuring the universal well-being of humanity, based on the principles of sustainability. This problem is especially urgent for countries with a resource-oriented economy. This study considers the possibility of using adequate methods and indicators for assessing sustainable development, as well as building a ranking based on the data obtained, in countries with different levels of economic development and various human, natural, financial and material resources that determine the possibilities and lines of development for a dedicated group of resource-oriented economies. As a result of this study, it was revealed that today there is no single method capable of assessing the level of sustainable development of a particular country, the very indicators of certain raw material countries are difficult to compare sue to their subjectivity and, in their turn, require unification for more accurate analysis.

Highlights

For more than 20 years, leading international organizations and individual research teams have been working on the development of methodological approaches to the quantitative assessment of sustainability [1]
By 2020, a large number of methodologies were presented, the most significant of which: the indicator system proposed by the UN Commission on Sustainable Development, the Organization for Economic Cooperation and Development (OECD) indicator system, the World Bank indicator system, and others
The purpose of this study is to analyze existing methods and indicators for assessing sustainable development to build a rating of countries with a resource-oriented economy

Summary

Introduction

For more than 20 years, leading international organizations and individual research teams have been working on the development of methodological approaches to the quantitative assessment of sustainability [1]. The purpose of this study is to analyze existing methods and indicators for assessing sustainable development to build a rating of countries with a resource-oriented economy. Resource-oriented economies on the Eurasian continent were selected as objects: Azerbaijan, Mongolia, Kazakhstan, the Republic of Kyrgyzstan, Laos, Norway, Uzbekistan, Turkmenistan, and the Russian Federation.The choice of these countries is justified by the dependence of the economies on significant and, at the same time, to varying degrees, on the use of mineral recourses, which have a direct impact on the national welfare and development of each of the above-mentioned countries. Official data from international agencies were used as sources of information for the analysis: the World Bank, the United Nations, the Organization for Economic Cooperation and Development (OECD), the Global Environmental Indicators Tracking Network (Yale), the International Economic Forum, and the World Wildlife Fund

Gini Index

Transformation Index

Findings

UNDP and the World