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HUMAN WELL-BEING

HUMAN WELL-BEING

SOCIO-ECONOMIC INDICATORS: A GLOBAL STUDY

KRISHNA MAZUMDAR

Year : 2001

Bibliography : 160 pp

ISBN : 8175410752, Price : $80.00 Add To Cart

About the Book

The paradigm of development has shifted from Per Capita Gross National Product (PCGNP) or Per Capita Gross Domestic Product (PCGDP) to Human Well-being. It has also been admitted broadly that PCGNP does not automatically transform into human well being. In fact the second half of the 20th century will go down in human history as the period when mankind severally and together to improve the conditions of living and quality of life of its members organised within different national borders. The period began with political independence for many of these countries which were still under colonial rule and was followed by the increased concern about how the successor national governments were succeeding in improving the lot of their populace. PCGNP or PCGDP was used by the national and international policy makers to measure the national well being. But the experience of the 1950s and 1960s, when a large number of the Third World countries achieved the overall UN growth targets but the levels of living of the masses of people remained for the most part unchanged, signalled that something was wrong with the narrow definition of development and consequently, a clamor for dethronement of PCGNP or PCGDP as a measure of development was arisen among the economists and policy makers and they began to search an alternative yard stick to measure national well-being. This study offers an inter temporal cross country analysis of human well being over a period 1960-94.

About Author

Dr. (Mrs.) Krishna Mazumdar obtained her Masters degree and Ph.D. from the University of Calcutta and joined Indian Statistical Institute, Calcutta in 1980. At present she is an Associate Professor in the Economic Research Unit of Indian Statistical Institute, Calcutta.

Contents

Human Well-Being. Indicators,Sample and Data. Classification of Countries. Measuring Well-being of the countries. Pairwise Comparisons of Human Well-Beings of the Countries. Level of Development of a Country. Inter-Country Inter-Temporal Income Elasticities of Selected Social Indicators of life. Causal Relation Between Human Well-Being and Economic Growth. Inter-Country Inequality in Social Indicators of Development . Concluding Remarks

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