Multicriteria Analysis of Economic Activity for Two Groups
of European Countries by Decision Support System MKA-1
Vassil Vassilev, Sylvia Konstantinova
Institute of Information Technologies, 1113 Sofia
E-mails: vvassilev@iinf.bas.bg skonstantinova@iinf.bas.bg
Abstract:
This work presents the results obtained from an attempt for multicriteria analysis of the economic activity in 2003 for two groups of European countries: sixteen former socialist countries and sixteen developed European countries. A multicriteria decision support system, developed at the Institute of Information Technologies-BAS, is used. Five macro-economic criteria have been considered in the analysis: GDP per capita; Exports (% of GDP); Imports (% of GDP); Inflation rate (consumer prices); Unemployment rate.
Keywords: multicriteria analysis, decision support system.