Portfolio of Indicators as a Whole
Portfolio of Indicators as a Whole
Commences the analysis of social indicators for use in the EU monitoring process, starting with the portfolio as a whole, where a three‐tier structure of indicators is envisaged. There would be a small set of lead ‘headline’ indicators (Level l), supported by a wider range of indicators at Level 2, where both levels would be common across member states; to these, member states would be encouraged to add their choice of Level 3 indicators, to highlight specificities in particular areas, and to help interpret the Level l and 2 indicators. The Level l and 2 indicators would be presented in the form of a level of performance, rather than a ranking, so that improvements in country performance can be clearly seen. The difficulties of aggregate performance measures are discussed, and two different types of aggregation outlined—the aggregation of aggregate indicators, and the aggregation of different elements of deprivation at the individual level (which are then summed over individuals to form an aggregate index for the country). The Level l and 2 indicators would also be disaggregated in a number of ways, and the importance is highlighted of giving separate indicators for women and men, and of examining the regional dimension wherever possible.
Keywords: aggregate indicators, aggregate performance measures, aggregation, disaggregation, EU, headline indicators, monitoring, performance, portfolio of indicators, social indicators
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