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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Bibliographic Details
Main Author: Roemer, John E.
Language:en_US
Published: Oxford University Press on behalf of the World Bank 2015
Subjects:
GDP
m2
Online Access:http://hdl.handle.net/10986/23538