GIIP Index Alice Lassman Rising Star’ of Indigo Prize

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Presentation transcript:

GIIP Index Alice Lassman Rising Star’ of Indigo Prize alice.l.lassman@durham.ac.uk

Key points Introduction to the GIIP: a measurement for every scale Perception Ability Opportunity Global Integration Concept: Engine Economics Examples of its use: Rwanda and Israel Future of the metric and application

GIIP Index (1) = Individual Potential (0. 75) + Global Integration (0 Perception (0.25) + Opportunity (0.25) + Ability (0.25) 0.25: Global Integration

Perception, Opportunity, Ability Economic standards and the state of the economy Geographical awareness: physical limitations and world issues Human capital: investment and success of education and skills training Health Political/government, within this corruption Social: perception of minorities, women and wealth distribution Freedoms: social, economic and political International relations and their position in global economy

Hazard Perception Filter Accounts for 10% of the Perception measure (i.e. only 1/40th of total GIIP score) Why 10%: small proportion, further research required to evaluate this figure Three considered as influencing factors in perception: Political/Government Freedoms Human Capital High scores in these areas result in less loss of score, while low scores disproportionately decrease the overall score.

Hazard Perception Filter: example Scores: 3/10 in Political/Government 2/5 in Freedoms 4/15 for Human Capital = 9/30 Convert to decimal: 9 ÷ 30 = 0.3 As a percentage of 10%: [(1-0.3) x 10] = 7% The perception score, presently out of 0.25, will subtract its total score by 7%.

Opportunity Economic standards: freedom to keep and earn their own money Geography: as created by physical and human environments Human capital: same score as social Health: availability and fairness of healthcare provision Political/government: effectiveness of equal laws Social: equal opportunities for all genders, minorities and wealth Freedoms: to practice activities that will lead to opportunity International relations: opportunities for citizens to interact freely with other nations

Ability Economic standards: ability to operate freely within a market, Index of Economic Freedom Geography: ability to overcome the confines of Geography Human capital: same score as social Health: availability and fairness of healthcare provision Political/government: effectiveness of equal laws Social: equal opportunities for all genders, minorities and wealth Freedoms: to practice activities that will lead to opportunity International relations: opportunities for citizens to interact freely with other nations

Snapshot of the Index design

Global Integration Aid/Debt Response to Global issues Trades TNCs Technology Involvement in supranational organisations Influence Attractiveness

Example - Israel

Example - Israel

What next? How can an alternative be viably used and implemented? Persuading key decision-makers to adopt such a measure Gaining ground for alternatives among experts and academics Making the index more statistically accurate - improving the GIIP to suit all countries and put into practice Global collaboration of ideas and expertise across academic fields

GIIP Index Alice Lassman ‘Rising Star’ of Indigo Prize alice.l.lassman@durham.ac.uk