000 01671nam a2200181Ia 4500
999 _c19233
_d19233
005 20220715172410.0
008 200202s9999 xx 000 0 und d
082 _a339.5 BIR
100 _aBirla Institute of Scientific Research Economic Research
245 0 _aDevelopment and welfare indicators
260 _aNew Delhi
260 _bAllied pub.
260 _c1982
300 _a112 p.
520 _aThe present study tries to focus on the multi dimensional nature of development involving changes in national and per capita incomes, improvement in the health of populace as reflected in the rise in the life expectancy, increase in literacy rates, changes in the pace and pattern of population growth and structural shifts away from agriculture in terms of employment. While dealing with the inadequacies of the GNP concept in measuring the totality of development, the author has refined the composite index (also called physical quality of life index) by incorporating two additional indicators relating to demographic and structural conditions in an economy which are of paramount significance in the developmental process. It reveals that temporal variations in the physical quality of life have occurred in consonance with changes in the rate of growth of per capita income in most of the countries under consideration even though they are not linearly related in the short run. Thus, a judicious use of national income statistics and the composite index would be a meaningful way more of looking at the performance of developing economies like India rather than the use of each one in isolation.
650 _aEconomic development-India
942 _cB
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