Road beyond Economic Growth

Abstract

This paper examines the scope of welfare beyond economic growth. Usually economic growth is typically expressed as a percentage rise in a country’s GDP. But it doesn’t show the overall development of a nation. Even per capita income fails to predict about the welfare of people in general. Whatever remains the means end is of course welfare of the people matters in any country. The overall welfare of people of a nation depends on many factors like employment, health and education facilities, women employment and empowerment.