A comparative study of welfare among ASEAN-member countries using the physical quality of life index (1981-1990)

College

School of Economics

Department/Unit

Economics

Document Type

Article

Source Title

DLSU Business and Economics Review 6 : 1993-1994. p. 21-33.

Volume

6

Issue

1

First Page

21

Last Page

33

Publication Date

1994

Abstract

Welfare economics is an approach to economic problems that is specifically oriented to the evaluation of the impact of various economic activities and measures on the well-being of individuals. It studies policy issues concerning the allocation of resources. Welfare economics, like medicine, is an applied science. It has to combine with other disciplines to show useful ways to structure and analyze issues. Welfare economics gathers together the pertinent theoretical relationships from positive to ''pure'' economics in terms, typically, of a single end: the economic welfare of the community (Rothenberg 1961).

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Disciplines

Economics

Keywords

Welfare economics; Economic policy; Developing countries--Economic conditions; Philippines--Economic conditions; Economic indicators; Association of Southeast Asian Nations

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

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