TITLE:
Identifying Strategic Development Objectives for European Union’s Potential Candidate States Using Dominance-Based Rough Set Approach: Case Study of Bosnia and Herzegovina
AUTHORS:
Bryan Trudel, Jean-Charles Marin, Kazimierz Zaras
KEYWORDS:
International Development, African Countries, International Aid, Economic Growth, Strategic Objectives, Rough Set Theory, Dominance-Based Rough Set Approach (DRSA), Selection of Portfolio Projects, Multi-Criteria Analysis, Sustainable Development
JOURNAL NAME:
Modern Economy,
Vol.9 No.8,
August
27,
2018
ABSTRACT: This research is the second of a series of three
researches to cope with strategic development objectives using Dominance-based
Rough Set Approach (DRSA). The objective of this article is to expose the
results of a research using DRSA to help the European Union (EU) identifying
political, economical, sociological and technological strategic objectives for
potential candidate countries planning to
join the EU. Using the proposed methodology, politicians and leaders will be
able to prioritize strategic development objectives according to political,
economical, sociological and technological (PEST) needs of a specific candidate
country to the EU. More precisely, the proposed methodology classifies all the
European Union’s countries according to the following three different
categories: [A] EU countries that are doing well according to the selected
indicators; [B] EU countries that need support to acquire category A status;
[C] EU countries ranked the lowest and needing special support with
regard to the criterion or criteria considered. The three categories are
delimited by tertiles relative to the average ranking of all EU countries
including a potential candidate country, Bosnia and Herzegovina. Afterwards,
DRSA provides decision rules based on this
classification. These decision rules thus focus on the PEST needs of countries
with respect to improve their development and classification by pointing
out what was needed to be part of the different categories. We strongly believe
that by targeting these identified needs, this research will help the
development of the European Union’s economy, target and prioritize economical
and sociological improvements with the use of strategic objectives for any
candidate country. One of the results concerning our case study with Bosnia and
Herzegovina is about the fact that this potential country has a weakness in the
percentage of women in politics. Indeed, our research as shown that this
criterion has an impact for the overall classification of the EU countries.