LARGE-SCALE SAMPLE SURVEY DATA: AN ALTERNATIVE TO POPULATION DATA FOR SUSTAINABLE DEVELOPMENT IN THE 21ST CENTURY

Abstract

Socio-economic development has been defined as a progress in terms of economic and social factors within a geographic unit. Economic development implies raising the level of prosperity through increased production, distribution and consumption of goods and services. Social development, on the other hand, provides comparative information about citizens such as income, poverty, employment, employment security, education, health, crime and civic participation. Socio-economic development indicators have been conceptualized by several organizations like European Commission (2007), UNECE et al (2014) and OECD (2016) to include happiness, quality of life, well-being, living conditions, life situation, human development, social capital, generalized and political trust, environmental concepts (ecological footprints), concept of sustainable development etc