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Evaluating Regions On An Epic Framework: Economy Politics Infrastructure And Society

Curtis Stewart

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Published in Global Supply Chains: Evaluating Regions On An EPIC Framework Economy Politics Infrastructure And Competence

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EPIC Framework For Evaluating Regions Global Supply Chains: Evaluating Regions On An EPIC Framework Economy Politics Infrastructure And Competence

The EPIC framework is an innovative approach to evaluating regions that takes into account a wide range of factors, including economic, political, infrastructural, and social factors. This framework provides a comprehensive understanding of a region's strengths and weaknesses, and can be used to inform policy decisions and development strategies.

Global Supply Chains: Evaluating Regions on an EPIC Framework – Economy, Politics, Infrastructure, and Competence

by Philippe-Pierre Dornier

4.6 out of 5

Language	:	English
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The Four Dimensions of the EPIC Framework

The EPIC framework is based on four key dimensions:

Economy: This dimension measures the economic performance of a region, including factors such as GDP, unemployment rate, and income levels.
Politics: This dimension measures the political stability of a region, including factors such as government effectiveness, corruption levels, and political rights.
Infrastructure: This dimension measures the quality of a region's infrastructure, including factors such as transportation, energy, and water supply.
Society: This dimension measures the social development of a region, including factors such as education, health, and crime rates.

These four dimensions are interconnected and interdependent. For example, a strong economy can lead to improved political stability, which in turn can lead to increased investment in infrastructure. Similarly, a well-educated population can lead to a more productive workforce, which can boost economic growth.

Applying the EPIC Framework

The EPIC framework can be used to evaluate regions at different levels, from local to national. It can also be used to compare regions to each other. By understanding the strengths and weaknesses of a region, policymakers and business leaders can make informed decisions about how to improve its development.

For example, a region with a strong economy but weak infrastructure may need to invest in transportation and energy projects. A region with a high crime rate may need to focus on improving education and social services. The EPIC framework can help to identify the most pressing needs of a region and develop targeted strategies to address them.

The EPIC framework is a valuable tool for evaluating regions and informing development strategies. By taking into account a wide range of factors, this framework provides a comprehensive understanding of a region's strengths and weaknesses. This information can be used to make informed decisions about how to improve a region's development and create a more prosperous future.

Global Supply Chains: Evaluating Regions on an EPIC Framework – Economy, Politics, Infrastructure, and Competence

by Philippe-Pierre Dornier

4.6 out of 5