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

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:

Statistical Theme: Non-member economies - Development indicators

Created on Monday, July 23, 2007