On the Evolution of the Concept of Development and the Way to Measure it
Are you already subscribed?
Login to check
whether this content is already included on your personal or institutional subscription.
Abstract
Development is a complex concept requiring ethical thoughts and assessments on growth, progress, wellbeing, human values, income and wellbeing distribution. This paper offers a survey of the economic contributions to defining and improving the concept of development and of the methods to measure progress and failure that accompanied the evolution of the way of thinking about development. Having the right indicators to measure progress and wellbeing is essential to promote them.
