The Human Development Index: A History

Elizabeth Stanton

Working Papers from Political Economy Research Institute, University of Massachusetts at Amherst

Abstract: This article recounts the intellectual history of the UNDP’s Human Development Index. It begins with the early history of welfare economics and follows this field through three successive revolutions in thought, culminating in the theory of human development. The first section traces this history from the origins of economic “utility” theory to Amartya Sen’s human capabilities approach. The second section chronicles past and present measures of social welfare used in the fields of economics and development, including national income and a variety of composite measures, up to and including HDI.

Keywords: human development; well-being; human development index; economic history of thought; social welfare measurement (search for similar items in EconPapers)
Date: 2007
New Economics Papers: this item is included in nep-dev, nep-hap, nep-his, nep-hpe, nep-hrm and nep-pke
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Citations: View citations in EconPapers (60)

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