Measuring Welfare and Poverty in the European countries

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F13%3A%230002262" target="_blank" >RIV/47813059:19520/13:#0002262 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Measuring Welfare and Poverty in the European countries
Original language description
Wealth or poverty assessments are very important parts of the economic theory. The paper describes basic known approaches and points out its advantages and drawbacks. The Utilitarism presents a social welfare function, the Neoclassical Economy developedcardinalistic criterions and the New Welfare Economics suggested ordinalist analysis. Unfortunately all the approaches are connected with some issues. Using GDP as a measure of welfare has a reason - if the economy is growing, so must welfare. Unfortunately, the GDP as a measure of social welfare can be considered problematic because the GDP calculates impacts of economic activities whether they are positive or negative. This and another criticism led to a supplementary theory developing some other indicators, e.g. the human development index. However, even the HDI has its limitations of use. On the other hand, the construction of the HDI enables decomposition of the index and adding some other components to enable taking into account s
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 22nd International Business Information Management Association (IBIMA) - Creating Global Competitive Economies
ISBN
978-0-9860419-1-4
ISSN
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e-ISSN
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Number of pages
12
Pages from-to
150-161
Publisher name
Neuvedeno
Place of publication
Neuvedeno
Event location
Rome
Event date
Nov 13, 2013
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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