Social Welfare Functions and Development is popular PDF and ePub book, written by Nanak Kakwani in 2016-06-30, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Social Welfare Functions and Development can be Read Online from any device for your convenience.
Social Welfare Functions and Development Book PDF Summary
Nanak Kakwani and Hyun Hwa Son make use of social welfare functions to derive indicators of development relevant to specific social objectives, such as poverty- and inequality-reduction. Arguing that the measurement of development cannot be value-free, the authors assert that if indicators of development are to have policy relevance, they must be assessed on the basis of the social objectives in question. This study develops indicators that are sensitive to both the level and the distribution of individuals’ capabilities. The idea of the social welfare function, defined in income space, is extended to the concept of the social well-being function, defined in capability space. Through empirical analysis from selected developing countries, with a particular focus on Brazil, the authors shape techniques appropriate to the analysis of development in different dimensions. The focus of this evidence-based policy analysis is to evaluate alternative policies affecting the capacities of people to enjoy a better life.
Detail Book of Social Welfare Functions and Development PDF
- Author : Nanak Kakwani
- Release : 30 June 2016
- Publisher : Springer
- ISBN : 9781137583253
- Genre : Business & Economics
- Total Page : 355 pages
- Language : English
- PDF File Size : 17,7 Mb
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