Monday, November 5, 2018

Social Welfare Functions and Development: Measurement and Policy Applications pdf by Nanak Kakwani Download


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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.
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Social Welfare Functions and Development: Measurement and Policy Applications pdf download

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