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Social progress around the world: trends and convergence

Author

Listed:
  • Jesús Peiró-Palomino
  • Andrés J Picazo-Tadeo
  • Vicente Rios

Abstract

This paper assesses social progress in 139 countries over the period 1995–2017 following the framework proposed by the Social Progress Imperative; a notable contribution is a composite index allowing for comparisons across countries and over time. The index considers 45 raw indicators covering three fundamental pillars of social progress: basic human needs, foundations of well-being, and opportunities. The results point to a marked improvement in social progress all over the world from the mid-1990s, although they also depict a highly polarized world. Cross-country convergence patterns are also investigated, revealing a reduction in the differences in social progress, largely driven by the narrowing of the gap in basic human needs. Conversely, sizeable cross-country disparities remain in foundations of well-being and opportunities.

Suggested Citation

  • Jesús Peiró-Palomino & Andrés J Picazo-Tadeo & Vicente Rios, 2023. "Social progress around the world: trends and convergence," Oxford Economic Papers, Oxford University Press, vol. 75(2), pages 281-306.
    • Handle: RePEc:oup:oxecpp:v:75:y:2023:i:2:p:281-306.
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    File URL: http://hdl.handle.net/10.1093/oep/gpac022
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    More about this item

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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