The Social Effects of the Economic Transformation in India (An Attempt at Measurement and Evaluation)

Bywalec Grzegorz ()
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Bywalec Grzegorz: Ph.D., University of Lodz, Faculty of International and Political Studies, Department of Asian Studies

Comparative Economic Research, 2017, vol. 20, issue 1, 119-132

Abstract: One of significant and, at the same time, challenging research problems in Economics is measuring the social effect of economic growth (development). Economic growth should never be treated a goal per se. It is rational provided that it brings effects such as, generally speaking, an improvement in the standard of living. However, this is not always the case. Social sciences, including Economics, have not developed any uniform methods of measuring and evaluating such effects yet.

Keywords: Indian economy; economic development in India; social development in India; life expectancy in India (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:coecre:v:20:y:2017:i:1:p:119-132:n:7

DOI: 10.1515/cer-2017-0007

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