What's beyond the human developement index?

Abstract

In this note, we firstly discuss Chakravarty (2003) axiomatic foundation of the Generalized Human Development Index (GHDI) then we pro- pose a different set of axioms through which a class of Foster-Shorrocks-like Human Development Measures phases out. As we will argue, this class better deals with some recent philosofical advancements of the Capability Approach.HUMAN DEVELOPMENT INDEX; WELL-BEING MEA- SURES; CAPABILITY APPROACH