Measurement and evaluation of sustainable development: A composite indicator for the islands of the North Aegean region, Greece

This paper develops a methodology to analyse, measure and evaluate sustainable development (SD). A holistic approach (systems analysis) is applied to operationalise the SD concept and an integrated approach (composite indicator construction) is adopted for the measurement of SD. The operationalisation of the SD concept is based on an in-depth systems analysis of issues associated with economic, social and environmental problems in a policy context. The composite indicator (overall sustainability index) is developed based on the three composite sub-indicators of the SD dimensions. The valuation of the SD is based both on the aggregated sub-indicators and the overall composite indicator. The methodology is used to evaluate the SD of the North Aegean islands between different temporal points. The assessment of the change in the islands' SD is based on a quartile grading scale of the overall SD composite scores.