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...

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Bibliographic Details
Other Authors Clarke, Matthew, Islam, Sardar M. N., 1950-
Format Electronic eBook
LanguageEnglish
Published Boston : Elsevier, 2004.
Edition1st ed.
SeriesContributions to economic analysis ; v. 262.
Subjects
Online AccessFull text
ISBN0444515658
9781849508414
ISSN0573-8555 ;
DOI10.1108/S0573-8555(2004)262
Physical Description1 online resource (xvii, 284 p.).

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245 0 0 |a Economic growth and social welfare  |h [electronic resource] :  |b operationalising normative social choice theory /  |c edited by Matthew Clarke and Sardar M.N. Islam. 
250 |a 1st ed. 
260 |a Boston :  |b Elsevier,  |c 2004. 
300 |a 1 online resource (xvii, 284 p.). 
490 1 |a Contributions to economic analysis,  |x 0573-8555 ;  |v v. 262 
504 |a Includes bibliographical references (p. 240-281) and index. 
505 0 |a Introduction / Sardar M.N. Islam -- Economic growth and social welfare in Thailand / Sardar M.N. Islam -- Economic growth and social welfare : a hierarchical approach / Sardar M.N. Islam -- Contemporary development issues and economic growth / Sardar M.N. Islam -- Welfare analysis of economic growth on social welfare / Sardar M.N. Islam -- Conclusions and summary / Sardar M.N. Islam -- Economic growth and social welfare : an aggregate approach / Sardar M.N. Islam -- Empirical application of the aggregate approach / Sardar M.N. Islam. 
520 |a 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. 
588 |a Description based on print version record. 
650 0 |a Economic development  |x Social aspects. 
650 0 |a Public welfare. 
650 0 |a Social choice. 
650 0 |a Economic development  |x Social aspects  |z Thailand. 
650 0 |a Public welfare  |z Thailand. 
650 0 |a Social choice  |z Thailand. 
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700 1 |a Clarke, Matthew. 
700 1 |a Islam, Sardar M. N.,  |d 1950- 
776 1 |z 9780444515650 
830 0 |a Contributions to economic analysis ;  |v v. 262. 
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