How do you gauge the accomplishments of policy and its failures? While a number of nations are successful in optimizing a socio-economic welfare function, others are woefully falling short of the optimal frontier. Diagnostics for a Globalized World proposes a reformulation of the inherited theory of economic and social policy (codified in the 1950s by Jan Tinbergen) to find a diagnostic tool in measuring the effectiveness of economic and social policy. Using a logarithmic adaptation of data envelopment analysis, the authors explain how to rank the attainment of nations of multidimensional goals such as those expressed by the UN Millennium Goals. Key Features: ○ Presents a metric for the social and economic performance of nations that international organizations such as the International Labour Organization, the World Bank, and the World Economic Forum are currently scrambling to develop ○ Expands on earlier work published jointly with W W Cooper, ranking 102 nations on all continents in terms of their achievements of “Decent Work” and “A Fair Globalization”. The present study also includes a study of the “competitiveness” of nations, comparing the work by the US Council for Competitiveness and the World Economic Forum ○ Includes the last published work by the late W W Cooper, the co-founder of data envelopment analysis, actually extending his own pioneering work of 1978. Published on the occasion of Cooper’s centenary in 2014, and sponsored by Cooper’s long-term academic home — the IC2 Institute (Innovation, Creativity and Capital), The University of Texas at Austin

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