How do you measure the progress countries are making in economic development? Should measurements focus on per capita income or output? Or should assessments also consider education, health, a clean environment, or a participatory political system? These questions have vexed national leaders, international donor agencies, and development practitioners for decades. This book was conceived to address the lack of definitive, comprehensive measures of development among policymakers, economists, and other social scientists. It presents a unique and innovative measurement system for country...
How do you measure the progress countries are making in economic development? Should measurements focus on per capita income or output? Or should a...