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Semantic clustering of the World Bank data DOI: 10.1080/03081070701210345

Publication at Faculty of Mathematics and Physics |
2007

Abstract

World Development Indicators (WDI) published annually by the World Bank provide comparative socio-economic data for state economies. Several countries show common trends in their development.

But to understand these trends in the development process, an appropriate interpretation of the intrinsic similarities has to be found. In this paper, we propose a novel approach to assigning an adequate semantics to clusters formed by fuzzy c-means clustering.