The Open Method of Coordination (OMC) intends to enhance EU member states' performance with regard to 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 recognised, several objections have been raised against such a construction. In this paper, we argue that a set of separate indicators can in principle be combined into one 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.
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Paper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Working Group Public Economics in its series Public Economics Working Paper Series with number
ces0301.
Length: 26 pp. Date of creation: 2003 Date of revision: Publication status: Published (revised version) in Journal of Common Market Studies Handle: RePEc:wpe:papers:ces0301
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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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