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Basic Scorecard (KAM 2012)

Basic Snapshot of the Knowledge Economy Readiness

Three key variables serve as proxies for each Knowledge Economy pillar: Economic Incentive and Institutional Regime, Education, Innovation, and Information & Communications Technology (ICT).
Knowledge Index (KI) is the simple average of the normalized country scores on the key variables in three pillars – education, innovation and ICT. Knowledge Economy Index (KEI) measures performance on all four pillars.
The scorecards demonstrate comparative performance - the variables are normalized on a scale from 0 to 10 relevant to four possible Comparison groupsall countries, region and income groups.
If a country performs worse over time on a certain normalized variable, this may be because it:
• actually has lost ground in absolute terms, or
• improved slower than the comparative group.

 

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updated January 2012