Culture and Economy: Human Betterment in India and Japan
The growing disillusionment, as symbolised in Scitovsky’s statement quoted above, with the quantitative measures of economic betterment such as the gross domestic product or per capita income, etc., has led in recent years to a search for a set of social indicators which together with the quantifiable measures of economic output could serve as an index of human betterment. However, as a result of ambiguity in concepts and the impossibility of quantifying the qualitative differences between social consumption (items such as education, health) under differing circumstances, any judgement of inter-temporal comparisons of the state of human welfare becomes difficult, if not impossible.
KeywordsGross Domestic Product Capita Income Social Indicator Western European Country Human Betterment
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