Measuring Elite Quality:
Country Scores &
The Elite Quality Index (EQx) is a comparative, international measurement of Elites.
EQx is a political economy index that measures the ability of the elite business models in a country – on aggregate – to create value, rather than to extract value.
Elites: What, Why, How
Elites are narrow, coordinated groups with business models that successfully accumulate wealth; they are an empirical inevitability and exist in every society on earth.
Elites provide critical coordination capacity for the economy’s resources, whether human, financial or knowledge-based. By shaping institutions that enable coordination, elites determine human and economic development, the wealth of nations, as well as their rise and fall.
We present the first ever international measurement of Elite Quality. However, EQx does not measure elites directly; instead, it assesses the actual degree of value creation of their business models as reflected in macro and micro data-sets. We believe that the more value-creation and less rent seeking take place, the higher the levels of inclusive economic and human development the nation will achieve in the future.
Elite Quality & Society
EQx is, at the same time, an analytical framework for business leaders, top policy makers and politicians around the world whom are willing to guide national agendas towards institutional advancement by incentivizing value creation, rather than rent seeking business models.
Are there Elite Quality Differences between Nations?
EQx is a global comparative index.
The degree to which the business models of elites in a country – on aggregate – create value.
High EQx Country Score
Countries scoring comparatively high have elites that create more value than they capture. Such countries can expect higher economic and human development levels in the future.
Low EQx Country Score
Countries scoring comparatively low have elites that capture more value than they create. Such countries may develop more extractive institutions and see less human welfare.
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