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|a 9781849508414
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|a HD75
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100 |
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|a Clarke, Matthew
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245 |
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|a Economic growth and social welfare
|h Elektronische Ressource
|b operationalising normative social choice theory
|c edited by Matthew Clarke and Sardar M.N. Islam
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250 |
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|a 1st ed
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260 |
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|a Boston
|b Elsevier
|c 2004
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300 |
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|a xvii, 284 p.
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505 |
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|a Includes bibliographical references (p. 240-281) and index
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505 |
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|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
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653 |
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|a Social choice / Thailand
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653 |
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|a Economic development / Social aspects
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653 |
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|a Business & Economics / Economics / Microeconomics / bisacsh
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653 |
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|a Social choice
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653 |
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|a Public welfare
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653 |
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|a Social welfare & social services / bicssc
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653 |
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|a Public welfare / Thailand
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653 |
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|a Social Science / Anthropology / Cultural / bisacsh
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653 |
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|a Economic development / Social aspects / Thailand
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653 |
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|a Economics / bicssc
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700 |
1 |
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|a Islam, Sardar M. N.
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041 |
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7 |
|a eng
|2 ISO 639-2
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989 |
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|b EMBAR
|a Emerald Business, Management and Economics eBook Collection Archive
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490 |
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|a Contributions to economic analysis
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856 |
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|u https://www.emerald.com/insight/publication/doi/10.1108/S0573-8555(2004)262
|x Verlag
|3 Volltext
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|a 306.3
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520 |
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|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
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