Economic Growth and Social Welfare, Volume 262

Economic Growth and Social Welfare, Volume 262 pdf epub mobi txt 电子书 下载 2025

出版者:Elsevier Science
作者:M. Clarke
出品人:
页数:308
译者:
出版时间:2004-03-18
价格:USD 120.95
装帧:Hardcover
isbn号码:9780444515650
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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.

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