Human development is about much more than growth in real income. It is about expanding the choices human beings have to lead lives that they value. The potential choices and their expansion can be captured by capability sets that consist of various functioning vectors. The standard of living is...

Human development is about expanding the choices human beings have to lead lives that they value and is captured by its capability sets which consist of various functioning vectors. The standard of living is then reflected in capability sets. This paper proposes some particular ways of measuring...

Human development is about expanding the choices human beings have to lead lives that they value and is captured by its capability sets which consist of various functioning vectors. The standard of living is then reflected in capability sets. This paper proposes some particular ways of measuring...