In this wikithere is a list of major economies and the average or mandated number of leave days per year which employers must provide to employees. It struck me rather hard that the top few seem to be the strongest (least risky/volatile) economies, and the bottom few the weakest/most volatile.
What I want to do is add a third column, to compare the relative strengths of the economies; but it’s a very complicated question. Economic strength can be measured in so many ways, and for political reasons, is generally defined by each government in the terms that leave it looking strongest.
What empirical and balanced information is out there which could be used to fill in that third column ina meaningful way? Is there a universal measure/ranking that economists worldwide generally agree upon? Perhaps a UN committee outflow or something?
Thanks for any guidance you can provide!
P.S. Obviously the discussion that follows the completion of the table will belong in Great Debates; but for now let’s please focus on finding accurate and meaningful data for that third column. Pretty please? ![]()