Open Access
Subscription or Fee Access
The Index of Sustainable Economic Welfare for Pakistan
Abstract
The Index of Sustainable Economic Welfare (ISEW) proposed by Daly and Cobb in 1989 provides an in-depth and comprehensive analysis of effects of economic growth on human wellbeing as well as for the sustainability of wellbeing. In this paper, we estimated the ISEW for Pakistan and highlight those factors that affecting wellbeing negatively. Findings of the study reveal that, in long run, there is a disconnect between economic growth and human wellbeing. In case of Pakistan, key contributing factors that affects human wellbeing negatively include income inequality, deteriorating international investment position, rapid depletion of natural resources and negative environment effects of economic activities. It is recommended to develop inclusive, sustainable and people centric policies with more focus on human wellbeing instead of absolute economic growth.
Keywords
Disclaimer/Regarding indexing issue:
We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information. Also: DOI is paid service which provided by a third party. We never mentioned that we go for this for our any journal. However, journal have no objection if author go directly for this paid DOI service.