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Working Paper 83 - Are African Countries Richer Than They Are Developed? A Multidimensional Analysis of Well-Being

17-Feb-2006

The eight Millennium Development Goals1 lie within a very specific scope of poverty reduction and they reflect an awakening of the multiple dimensions of development and well-being. International organizations have recognized that development goes beyond economic growth and that poverty is a multidimensional phenomenon that covers all dimensions of human well-being. Some of this recognition goes back to Sen’s work on social justice and inequalities (1985, 1992), which inspired a new conception of development and poverty. His capability approach has contributed to the construction of the Human Development Index (HDI) in 1990, intended as a more comprehensive indicator for comparing the well-being of nations than income per capita.

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