Setting the Stage: Types of Measures and Alternative Notions of Development
Asis Banerjee
Chapter Chapter 1 in Measuring Development, 2020, pp 1-49 from Springer
Abstract:
Abstract This book is about how to measureMeasures development. MeasuresMeasures, however, can be of different types. In this chapter, we begin by describing different types of measuresMeasures and specifying which particular type of measureMeasures we shall focus on in our context. Moreover, how we measureMeasures development is obviously also related to what we mean by development. The existing literature contains a number of alternative views in this regard. This chapter provides a detailed discussion of these views. Among the alternative approaches that it reviews are those based on welfarism (which includes utilitarianismUtilitarianism as a special case), the theory of justice as fairnessJustice as fairness proposed by Rawls, subjective well-beingSubjective well-being (or happiness)Happiness, the economic theory of fair allocationsFair allocations, the basic needsBasic needs approach and the notions of functioningsFunctionings and capabilitiesCapability. It then identifies the particular notion of development that will constitute the conceptual underpinning of the rest of the book. It also discusses the procedural matters that arise in connection with the operationalisation of this particular notion. It then proceeds to set out, in broad terms, the essential difference between the approach to the problem of development measurement adopted in this book and the approach taken in most of the existing literature on the matter. It ends with a preview of the rest of the book.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:thechp:978-981-15-6161-0_1
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DOI: 10.1007/978-981-15-6161-0_1
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