TY  - JOUR
T1  - Application of Method of Effective Ranking in the Construction of the
Ratings (For Example, GDP per Capita)
AU - Evgenievna Buletova, Natalya AU - Arkadievich Zlochevsky, Igor AU - Nicolaevna Kravchenko, Elena AU - Vadimovich Sharkevich, Igor 
JO  - Journal of Engineering and Applied Sciences
VL  - 13
IS  - 7
SP  - 1725
EP  - 1731
PY  - 2018
DA  - 2001/08/19
SN  - 1816-949x
DO  - jeasci.2018.1725.1731
UR  - https://makhillpublications.co/view-article.php?doi=jeasci.2018.1725.1731
KW  - Effective ranking
KW  -degree of differentiation
KW  -ranking
KW  -monitoring of development
KW  -information
KW  -strategic
KW  -management
AB  - The availability of and demand for the countries ratings that based on the key indicators of their
socio-economic development has made the major international organizations publish such data and the
rankings of the UN, The World Bank, the IMF are the most detailed and reliable in the world. However, the
disparities and differences in the level of development of the countries is at such extent that the common
distribution of the ranked values on the decreasing or increasing curve is not enough as this ordinal
distribution does not take into account the non-linearity which is characteristic for the countries that achieved
success in their socio-economic development. The development of an effective ranking method that helps to
measure the non-linear distribution of the socio-economic development indicators and to take into account the
degree of difference between the territories that are being ranked, allows any person concerned to assess the
objects of management and get reliable information for the retrospect development of the territories as well as
for an adequate definition of the targets of the strategic development, taking into account the current degree
of differentiation for every socio-economic indicator or all together in the rating system. And this method can
help not only to increase the reliability of the monitoring which concerns the results countries development but
also is a tool to choose the priorities in investment, migration, development of external economic relations.
ER  -