Analytical Assessment of Inclusive Growth in Bangladesh
Methodology
c) Aggregation towards composite index: The composite index is basically a weighted
average of the pillar scores.
Poverty and inequality; growth and structural transformation and employment received
20 per cent weight
Access to infrastructure and public services; health and education; gender equality; and,
governance and institution received 10 per cent weight
In the aggregate inclusive growth index 1 represents the worst outcome while 10
represents the best
d) Treatment of missing values: Data availability has been a key hindrance while
constructing this index.
Some relevant indicators perhaps could not be incorporated due to poor
availability/absence of data for the selected countries. Moreover, consistent time series
data was rarely available. In order to solve this issue:
ā data for the nearest available period was used
ā to reduce volatility/generate data points, five or ten years moving average was
taken
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