Measuring Human Well-being in Thailand: A Normative Social Choice Approach

Clarke, M 2006, 'Measuring Human Well-being in Thailand: A Normative Social Choice Approach', Journal of the Asia Pacific Economy, vol. 11, no. 2, pp. 151-167.

Document type: Journal Article
Collection: Journal Articles

Title Measuring Human Well-being in Thailand: A Normative Social Choice Approach
Author(s) Clarke, M
Year 2006
Journal name Journal of the Asia Pacific Economy
Volume number 11
Issue number 2
Start page 151
End page 167
Total pages 17
Publisher Routledge
Abstract Numerous methods exist within the literature to measure human well-being. A limitation of some approaches however is that they fail to explicitly consider society's views, choices and preferences on how human well-being should be defined. It is possible though to explicitly incorporate society's value judgements in defining and measuring human well-being through normative social choice theory. Normative social choice theory reflects the views, opinions and perspectives of societies of differing economic and social circumstances so that measures of human well-being retain their relevance for public policy makers in those countries. This paper reviews two indicators based on this theory for Thailand over the 25 year period, 1975-1999. The first indicator focuses on certain hierarchical needs and the second is a measure of adjusted national income. It is concluded that both measures provide important insights.
Subject Applied Economics not elsewhere classified
DOI - identifier 10.1080/13547860600591028
Copyright notice © Taylor & Francis 2006
ISSN 1354-7860
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