Alternative Models of Development Part-2
Alternative Models of Development Siby K. Joseph Part -2 While discussing the alternative models of development we have analysed alternative models and concepts of development that has been developed within the basic framework of mainstream economics like the concept of Doughnut Economics was developed by British Economist Kate Raworth, Gross National Happiness Index of Bhutan, The Human Development Index developed by Mahbub ul Haq There are a number of concepts and models in this direction. But we will limit ourselves to the examination of couple of them like Inclusive Development Index, Institutional Economics, Specific Diseconomy, Post development Theory and the earth centric approach to development Inclusive Development Index In the context of growing disparity and division between the countries of North and South, the idea of inclusive growth became a popular concept in the discourse of development. The Inclusive D