The evolution of the OECD countries after the 2008 financial crisis : simultaneous data analysis of the “how’s life” datasets between 2009 and 2015

Abstract

Internship Report presented as the partial requirement for obtaining a Master's degree in Information Management, specialization in Knowledge Management and Business IntelligenceThe financial crisis of 2008 affected virtually every country in the World due to the connectivity of the global markets. Despite the significant contrasts in the starting points, there is the common perception that different economies recovered at distinct paces at least in part due to the policies and methods adopted by the authorities to address the financial crisis. In this context, the OECD “How’s Life” datasets were analyzed with the objective of trying to detect trajectories in countries that could partially be explained by the macroeconomic measures adopted after the crisis. With the support of the OECD secondary data for the period 2009-2015, this novel study involved not only univariate, bivariate, and cluster evaluations but also a three-way data analysis based on the STATIS method. Among the existing multivariate methodologies, STATIS is the most comprehensive and flexible method to assess the evolution of a large (and possibly varying) number of individuals and variables over several years. With the identification of country trajectories in association with the evolution of variables, the findings may be relevant for business organizations with regard to defining strategic directions and making operational decisions

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