Measuring Development An Inequality Dominance Approach /

Bibliographic Details
Main Author: Banerjee, Asis Kumar (Author)
Corporate Author: SpringerLink (Online service)
Summary:XXI, 230 p. 1 illus.
text
Language:English
Published: Singapore : Springer Nature Singapore : Imprint: Springer, 2020.
Edition:1st ed. 2020.
Series:Themes in Economics, Theory, Empirics, and Policy,
Subjects:
Online Access:https://doi.org/10.1007/978-981-15-6161-0
Format: Electronic Book

MARC

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245 1 0 |a Measuring Development  |h [electronic resource] :  |b An Inequality Dominance Approach /  |c by Asis Kumar Banerjee. 
250 |a 1st ed. 2020. 
264 1 |a Singapore :  |b Springer Nature Singapore :  |b Imprint: Springer,  |c 2020. 
300 |a XXI, 230 p. 1 illus.  |b online resource. 
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490 1 |a Themes in Economics, Theory, Empirics, and Policy,  |x 2730-5600 
505 0 |a Chapter 1: Introduction -- Chapter 2: Towards an Inequality-Sensitive Measure of Development: The Unidimensional Case -- Chapter 3: Unidimensional Development Ranking and Fuzzy Lorenz Dominance -- Chapter 4: Illustrative Applications of Unidimensional Development Indices -- Chapter 5: Multidimensional Lorenz dominance -- Chapter 6: Multidimensional Inequality-Sensitive Development Ranking -- Chapter 7: An Illustration: Multidimensional Development and Inter-State Inequality in India in the 2000s -- Chapter 8: Overview and Concluding Remarks. 
520 |a This book discusses how to measure the level of development of an economy, particularly, the task of ranking economies in terms of their development. In this context, development is defined as an increase in people’s level of wellbeing. The book emphasises that wellbeing is a multidimensional concept, and that it is important to ask how equitably the fruits of development are distributed, and as such it focuses on multidimensional, inequality-sensitive development ranking. Rather than using various specific development indices, which would lead to different development rankings for a country, the book proposes a dominance approach, which formulates conditions under which two economies can be ranked unambiguously, making it valid for all reasonable development indices. With the help of illustrative examples using real-world data, it demonstrates that such unambiguous rankings are possible, and that the proposed approach can be used to complement traditional approaches. An invaluable resource for researchers working in the field of development, the book will also appeal to practitioners engaged in measuring development. 
650 0 |a Development economics. 
650 0 |a Economic development. 
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