Measuring Welfare and Poverty in the European countries

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Measuring Welfare and Poverty in the European countries

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

Measuring Welfare and Poverty in the European countries

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

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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Počet stran výsledku

12

Strana od-do

150-161

Název nakladatele

Neuvedeno

Místo vydání

Neuvedeno

Místo konání akce

Rome

Datum konání akce

13. 11. 2013

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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