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Title: Introspecting Human Development
Authors: Padhi, Balakrushna
Keywords: Economics and Finance
Human Development
Sustainable Development Goal (SDG)
Issue Date: Jan-2021
Publisher: Economic Political Weekly
Abstract: Since the 1990s the two distinct aspects observed in the development discourse are human development on the one hand and inclusive development on the other. This has led to the advent of both the initial Millennium Development Goal (MDG) and current Sustainable Development Goal (SDG) targets of 2030, which cover a whole lot of domains with their relevant indicators. However, human development as an alternative to money metric assessment of development has not yet been entirely bought out. There is an agreement that human deve­lopment is perhaps a necessary reflection of translating development to welfare, however, this still underlies the importance of means against the ends. Such an argument is made in the context of distribution vis-à-vis development wherein a fair distribution is considered ideal but a better magnitude of “means” is considered a prerequisite. In other words, there has to be an emphasis on making the cake bigger and bigger by any means and automatically the share of the cake in distribution will be larger and larger. This assumption of the obvious implication of means ­towards the ends is hypothetical and it all depends on how and in what manner is the means made or accumulated.
URI: https://www.epw.in/journal/2021/4/commentary/introspecting-human-development.html
http://dspace.bits-pilani.ac.in:8080/xmlui/handle/123456789/8904
Appears in Collections:Department of Economics and Finance

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