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Social Welfare Functions And Development Measurement And Policy Applications 1st Edition Nanak Kakwani

  • SKU: BELL-5486530
Social Welfare Functions And Development Measurement And Policy Applications 1st Edition Nanak Kakwani
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Social Welfare Functions And Development Measurement And Policy Applications 1st Edition Nanak Kakwani instant download after payment.

Publisher: Palgrave Macmillan UK
File Extension: PDF
File size: 6.5 MB
Pages: 380
Author: Nanak Kakwani, Hyun Hwa Son (auth.)
ISBN: 9781137583246, 9781137583253, 113758324X, 1137583258
Language: English
Year: 2016
Edition: 1

Product desciption

Social Welfare Functions And Development Measurement And Policy Applications 1st Edition Nanak Kakwani by Nanak Kakwani, Hyun Hwa Son (auth.) 9781137583246, 9781137583253, 113758324X, 1137583258 instant download after payment.

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.

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