The open method of co-ordination (OMC) intends to enhance EU Member States'performance on social inclusion. In this context a set of commonly agreed performance indicators plays an important role. While the communicative power of a synthetic indicator has been recognized, several objections have been raised against such a construction. In this article, we argue that a set of separate indicators can in principle be combined into a meaningful synthetic performance index without giving up on the notion of subsidiarity, and without fundamentally impairing the peer pressure incentives that constitute an important rationale for OMC. We complement the presentation of the conceptual framework with a number of empirical applications, thereby indicating how the basic method may be instrumental for policy benchmarking practice. Copyright Blackwell Publishing Ltd 2004.
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Volume (Year): 42 (2004) Issue (Month): 5 (December) Pages: 919-955 Download reference. The following formats are available: HTML
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Bernadette Biatour & Mathieu Lefebvre & Sergio Perleman & Pierre Pestieau, 2005.
"Faut-il un ou plusieurs indicateurs d'exclusion sociale?,"
CREPP Working Papers
0503, Centre de Recherche en Economie Publique et de la Population (CREPP) (Research Center on Public and Population Economics) HEC-Management School, University of Liège.
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