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Analysis of world economic variables using multidimensional scaling
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Resumo(s)
Waves of globalization reflect the historical technical progress and modern economic
growth. The dynamics of this process are here approached using the multidimensional scaling
(MDS) methodology to analyze the evolution of GDP per capita, international trade
openness, life expectancy, and education tertiary enrollment in 14 countries. MDS provides
the appropriate theoretical concepts and the exact mathematical tools to describe the joint
evolution of these indicators of economic growth, globalization, welfare and human development
of the world economy from 1977 up to 2012. The polarization dance of countries enlightens
the convergence paths, potential warfare and present-day rivalries in the global
geopolitical scene.
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Contexto Educativo
Citação
Machado, J. A. T., & Mata, M. E. (2015). Analysis of World Economic Variables Using Multidimensional Scaling. Plos One, 10(3), 1–17. http://doi.org/10.1371/journal.pone.0121277