The Level of Development - Students’ Perceptions and Beyond: The Case of Balkan Countries
The Level of Development - Students’ Perceptions and Beyond: The Case of Balkan Countries

Author(s): Vladimir Šimić, Lena Perović Malešević
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Level of development; Students’ perception; HDI index; Life satisfaction
Summary/Abstract: This paper investigates the level of development in Balkan countries through comparison of the common development indicators. A starting point is the perception of the level of economic development by a group of first year economics students at the Faculty of Economics, Business and Tourism in Split, Croatia. With the students typically not being aware (familiar) of how rich (poor) their country is, this study provides a deeper investigation of the level of development of Croatia and compares it with several countries from the neighborhood. The investigation employs commonly used indicators of economic development - GNI (Gross national income) per capita as usually reported by the World Bank, but also takes into account additional indicators like HDI (Human development index) and life satisfaction indicator. Overall, the study provides an interesting review and comparisons between countries and resolves some misperceptions that are typically present in general public.

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