Economic growth and social welfare: operationalising normative social choice theory
This book studies the relationships between economic growth and social welfare and the policy implications of these relationships for development. Understanding the relationships between economic growth and social welfare is an enduring issue within contemporary development economics and welfare eco...
Gespeichert in:
| Weitere beteiligte Personen: | , |
|---|---|
| Format: | E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Boston
Elsevier
2004
|
| Ausgabe: | 1st ed. |
| Schriftenreihe: | Contributions to economic analysis
v. 262 |
| Links: | https://doi.org/10.1108/S0573-8555(2004)262 |
| Zusammenfassung: | This book studies the relationships between economic growth and social welfare and the policy implications of these relationships for development. Understanding the relationships between economic growth and social welfare is an enduring issue within contemporary development economics and welfare economics. These relationships are analysed in this book by operationalising normative social choice theory. Normative social choice theory is an appropriate approach as it explicitly incorporates society's preferences, values and choices in determining how social welfare should be defined and measured. Two approaches, aggregate and hierarchical, are developed and empirically applied to Thailand for a twenty-five year period 1975-1999. This book concludes that in terms of social welfare, economic growth cannot always be assumed desirable. What is needed is social welfare enhancing economic growth. A review of the policy implications of this finding is also undertaken. |
| Umfang: | 1 Online-Ressource (xvii, 284 Seiten) |
| ISBN: | 9781849508414 (electronic bk.) : |
| ISSN: | 0573-8555 |
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| isbn | 9781849508414 (electronic bk.) : |
| issn | 0573-8555 |
| language | English |
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| series2 | Contributions to economic analysis |
| spelling | Economic growth and social welfare operationalising normative social choice theory edited by Matthew Clarke and Sardar M.N. Islam 1st ed. Boston Elsevier 2004 1 Online-Ressource (xvii, 284 Seiten) txt c cr Contributions to economic analysis 0573-8555 v. 262 This book studies the relationships between economic growth and social welfare and the policy implications of these relationships for development. Understanding the relationships between economic growth and social welfare is an enduring issue within contemporary development economics and welfare economics. These relationships are analysed in this book by operationalising normative social choice theory. Normative social choice theory is an appropriate approach as it explicitly incorporates society's preferences, values and choices in determining how social welfare should be defined and measured. Two approaches, aggregate and hierarchical, are developed and empirically applied to Thailand for a twenty-five year period 1975-1999. This book concludes that in terms of social welfare, economic growth cannot always be assumed desirable. What is needed is social welfare enhancing economic growth. A review of the policy implications of this finding is also undertaken. Clarke, Matthew Islam, Sardar M. N. 1950- Erscheint auch als Druck-Ausgabe 9780444515650 |
| spellingShingle | Economic growth and social welfare operationalising normative social choice theory |
| title | Economic growth and social welfare operationalising normative social choice theory |
| title_auth | Economic growth and social welfare operationalising normative social choice theory |
| title_exact_search | Economic growth and social welfare operationalising normative social choice theory |
| title_full | Economic growth and social welfare operationalising normative social choice theory edited by Matthew Clarke and Sardar M.N. Islam |
| title_fullStr | Economic growth and social welfare operationalising normative social choice theory edited by Matthew Clarke and Sardar M.N. Islam |
| title_full_unstemmed | Economic growth and social welfare operationalising normative social choice theory edited by Matthew Clarke and Sardar M.N. Islam |
| title_short | Economic growth and social welfare |
| title_sort | economic growth and social welfare operationalising normative social choice theory |
| title_sub | operationalising normative social choice theory |
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