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Elite Quality Report 2020: 32 Country Scores and Global Rank
ISBN
978-3-03777-240-9
Type
book
Date Issued
2020-09-02
Author(s)
Abstract
Elites are an empirical inevitability, dominating all political economies. They provide necessary coordination capacity for the economy’s resources, whether human, financial or knowledge-based.
By determining institutions that enable coordination, elites shape human and economic development, the destiny of societies, the wealth of nations, and their rise and fall.
To sustain their position, elites run business models that accumulate wealth. High-quality elites run Value Creation business models that give more to society than they take. Low-quality elites do the opposite and operate Value Extraction models.
We present the first ever international measurement of Elite Quality, the Elite Quality Index (EQx) for 32 countries.
We use 72 Indicators describing Value Creation Extraction. The Index architecture includes Power (Sub-Index I), a measurement of future Value Extraction potential, and Value itself (Sub-Index II) and 12 Pillars (e.g. Creative Destruction, Human Capture or Producer Rent).
By determining institutions that enable coordination, elites shape human and economic development, the destiny of societies, the wealth of nations, and their rise and fall.
To sustain their position, elites run business models that accumulate wealth. High-quality elites run Value Creation business models that give more to society than they take. Low-quality elites do the opposite and operate Value Extraction models.
We present the first ever international measurement of Elite Quality, the Elite Quality Index (EQx) for 32 countries.
We use 72 Indicators describing Value Creation Extraction. The Index architecture includes Power (Sub-Index I), a measurement of future Value Extraction potential, and Value itself (Sub-Index II) and 12 Pillars (e.g. Creative Destruction, Human Capture or Producer Rent).
Language
English
HSG Classification
contribution to practical use / society
HSG Profile Area
SEPS - Economic Policy
Publisher
Seismo Press AG
Publisher place
Zurich and Geneva
Pages
100
Contact Email Address
guido.cozzi@unisg.ch
Eprints ID
260885
File(s)