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The Social Effects of the Economic Transformation in India (An Attempt at Measurement and Evaluation)

Author

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  • Bywalec Grzegorz

    (Ph.D., University of Lodz, Faculty of International and Political Studies, Department of Asian Studies)

Abstract

One of significant and, at the same time, challenging research problems in Economics is measuring the social effect of economic growth (development). Economic growth should never be treated a goal per se. It is rational provided that it brings effects such as, generally speaking, an improvement in the standard of living. However, this is not always the case. Social sciences, including Economics, have not developed any uniform methods of measuring and evaluating such effects yet.

Suggested Citation

  • Bywalec Grzegorz, 2017. "The Social Effects of the Economic Transformation in India (An Attempt at Measurement and Evaluation)," Comparative Economic Research, Sciendo, vol. 20(1), pages 119-132, March.
    • Handle: RePEc:vrs:coecre:v:20:y:2017:i:1:p:119-132:n:7
    DOI: 10.1515/cer-2017-0007
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