Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
982422 | Procedia Economics and Finance | 2015 | 6 Pages |
We use Human Development Indicators (HDI) to analyze the socio-economic system and the trajectory of the 28 European Union member states to highlight the level of development using non Gross Domestic Product indicators in the translation to quantitative methods that have human resource in the spotlight - with stochastic methods - than economy. Human Sustainable Development Index (HSDI) extends the work related to interaction within human well-being and the following concepts: global ocean climate, climate change, safe operating space for humanity stop celebrating the polluters. We proposed in our approach stochastic analysis of HSDI namely Human Sustainable Development Stochastic Index appropriate with the panel data in idea to examine the welfare over the time.