The evaluation of relative achievements

Abstract

This chapter deals with the analysis of the achievements of a series of targets. The reference problem is the following: a society, a firm or an institution defines a series of targets to be accomplished in a given time period. How should we evaluate the overall performance when some targets have been achieved or even surpassed while others have not been reached? We show here that the methodology of multidimensional poverty analysis can be applied to deal with this type of problem. We characterise an elementary multidimensional evaluation formula and illustrate how it has been applied to the measurement of progress in the United Nations Green Economy Initiative.