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Assessing Countries Sustainability: A Group Multicriteria Decision Making Methodology Approach

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  • Roberto Castaneda
  • Pilar Arroyo
  • Lourdes Loza

Abstract

Sustainability is a complex and abstract concept. However, policy-makers and representatives of global and regional associations need to assess and track the sustainable development of countries and regions to define a sustainability strategic path. The objective of this research is to propose and validate a methodology to define a simple but proper sustainability index that serves as a proxy for the identification of the segments of most and least advanced countries according to their achievement of the sustainable development goals defined by the United Nations (UN). Several well-known quantitative methodologies are used to first define a summarized index of sustainable development. Second, multicriteria decision-making methods are applied to determine the relative importance of the elements or dimensions comprising the sustainability concept. Then, the simulated judgments of a group of experts is used to compute a group weight vector by applying the Fuzzy Analytic Hierarchy Process (FAPH). Different aggregation methods are used to compute the importance that decision-makers assign to the several dimensions of sustainability. Finally, segments of countries generated with the clustering algorithm k-means are rated to identify sustainability benchmark segment(s) and groups of countries in need of support to attain the UN sustainability goals.

Suggested Citation

  • Roberto Castaneda & Pilar Arroyo & Lourdes Loza, 2020. "Assessing Countries Sustainability: A Group Multicriteria Decision Making Methodology Approach," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 10(1), pages 174-174, July.
  • Handle: RePEc:ibn:jmsjnl:v:10:y:2020:i:1:p:174
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    References listed on IDEAS

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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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