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"prosperity" tag

Beyond GDP growth: Prosperity & Well-being

It’s a widespread myth that a nation’s economic prosperity automatically leads to its people enjoying a greater level of well-being. Two researchers have presented a new way of measuring well-being beyond GDP growth. People across...


Reading street lights

Has India’s economic development led to convergence or divergence? One answer can be obtained from inequality. The Gini coefficient of per capita expenditure was 0.35 in 1951 and 0.34 in 2010 – hardly any change...