Classifications of countries based on their standard of living

• Published in: Pakistan journal of commerce and social sciences Vol. 8; no. 1; pp. 74 - 98
• Main Authors: Ahmad, Zahoor, Nisar, Lubaina
• Format: Journal Article
• Language: English
• Published: Lahore Johar Education Society, Pakistan (JESPK) 2014
• Subjects: cluster analysis; economic growth; education; health; living standard; quality of environment; self organizing feature maps (SOFM)

In the body of the literature, it is celebrated that human well-being becomes the key subject in measuring the economic development. The purpose of this study is to classify the countries with respect to their standard of living on the basis of economic growth, health, education and quality of envir...