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Joint Research Centre Statistical Audit of the 2018 Global Attractiveness Index

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Attractiveness is a prerequisite and a symptom for competitiveness and it is valued both because it implies a nation’s ability to attract talent, capital and assets (know-how, technologies, and other), and because more in general it stimulates the whole process of economic and social development. The European House - Ambrosetti has developed an international monitoring framework – the Global Attractiveness Index (GAI) – that measures a country’s attractiveness as determining element of its ability to be competitive and to grow. The GAI builds on four attributes of attractiveness: Openness, Innovation, Efficiency, and Endowment. These pillars are used to organise and aggregate 21 Key Performance Indicators (KPIs) into a single summary measure for 144 countries that altogether cover approximately 93% of the world’s population and 99% of Gross Domestic Product (in US$) worldwide. This framework inevitably entails both conceptual and practical challenges. The statistical audit discussed in this note was conducted by the European Commission’s Joint Research Centre, and it aims at maximising the reliability and transparency of the Global Attractiveness Index. It should enable policy analysts and researchers alike to draw more relevant, meaningful and useful conclusions on good practices and challenges that countries face in today’s competitive game to business and job creation.
2018-11-21
Publications Office of the European Union
JRC113250
978-92-79-94186-3 (online),   
1831-9424 (online),   
EUR 29373 EN,    OP KJ-NA-29373-EN-N (online),   
https://publications.jrc.ec.europa.eu/repository/handle/JRC113250,   
10.2760/331154 (online),   
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