IS HUMAN DEVELOPMENT MULTIDIMENSIONAL?. (18th January 2012)

• Record Type: Journal Article
• Authors: French, Declan; Moore, Michael; Canning, David
• Is Part Of: Journal of international development. Volume 25:Number 4(2013:May)
• Page Start: 445
• Page End: 455
• Publication Date: 2012-01-18
• Subjects: Economic development projects -- Developing countries -- Periodicals; Developing countries -- Economic policy -- Periodicals; Developing countries -- Foreign economic relations -- Periodicals; Economic development -- Periodicals; 330.91724
• DOI: 10.1002/jid.2811
• Languages: English
• ISSNs: 0954-1748

Abstract

<abstract abstract-type="main"> <title>Abstract</title> <p>Stiglitz's Commission on the Measurement of Economic Performance and Social Progress (CMEPSP) argued that well‐being is multidimensional and identified eight distinct dimensions. Conventional linear techniques confirm that a large number of dimensions are needed to describe development. In contrast, a new non‐linear technique that we introduce from chaos theory shows that a smaller number of dimensions are needed to span the development space. From the analysis, variables representing the Health, Education, Inequality and Individual Rights areas of life quality would provide a broad picture of development, whereas income per capita adds little extra information. Copyright © 2012 John Wiley &amp; Sons, Ltd.</p> </abstract>