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Economic growth and social welfareop...

Clarke, Matthew.

Economic growth and social welfareoperationalising normative social choice theory /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Economic growth and social welfareedited by Matthew Clarke and Sardar M.N. Islam.
Reminder of title:	operationalising normative social choice theory /
other author:	Clarke, Matthew.
Published:	Boston :Elsevier,2004.
Description:	1 online resource (xvii, 284 p.).
Subject:	Economic developmentSocial aspects.
Online resource:	http://www.emeraldinsight.com/0573-8555/262
ISBN:	9781849508414 (electronic bk.)

Economic growth and social welfareoperationalising normative social choice theory /
Economic growth and social welfareoperationalising normative social choice theory /[electronic resource] :edited by Matthew Clarke and Sardar M.N. Islam. - 1st ed. - Boston :Elsevier,2004. - 1 online resource (xvii, 284 p.). - Contributions to economic analysis,v. 2620573-8555 ;. - Contributions to economic analysis ;v. 210..

Includes bibliographical references (p. 240-281) and index.

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 analysisof 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 ofthe aggregate approach / Sardar M.N. Islam.

This book studies the relationships between economic growth and social welfare and the policyimplications 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 incorporatessociety'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 isneeded is social welfare enhancing economic growth. A review of the policy implications of this finding is also undertaken.

ISBN: 9781849508414 (electronic bk.)

LCCN: 2004047183Subjects--Topical Terms:

183566
Economic development
--Social aspects.

LC Class. No.: HD75 / .C567 2004

Dewey Class. No.: 306.3

Universal Decimal Class. No.: 330.34(593)

Economic growth and social welfareoperationalising normative social choice theory /
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520 $a This book studies the relationships between economic growth and social welfare and the policyimplications 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 incorporatessociety'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 isneeded is social welfare enhancing economic growth. A review of the policy implications of this finding is also undertaken.
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