Economic Development as Opportunity Equalization
Economic development should be conceived of as the degree to which an economy has implemented an efficient and just distribution of economic resources. The ubiquitous measure of GDP per capita reflects a utilitarian conception of justice, where individual utility is defined as personal income, an...
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Language: | en_US |
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Oxford University Press on behalf of the World Bank
2015
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Online Access: | http://hdl.handle.net/10986/23538 |