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BENCHMARK

Statistics Directorate    
Definition:
A standard, or point of reference, against which things can be compared, assessed, measured or judged.

Context:
Benchmarking is the process of comparing performance against that of others in an effort to identify areas of improvement.

Source Publication:
OECD, 2006, DAC Guidelines and Reference Series Applying Strategic Environmental Assessment: Good Practice Guidance for Development Co-operation, OECD, Paris.

Cross References:
Benchmarking

Statistical Theme: Non-member economies - Development indicators

Created on Monday, July 23, 2007