Abstract

An attempt has been made in this paper to measure social development. There has been some limited use of per capita national income as a measure of development. A number of social indicators from various societal areas may, alternatively, better represent social development of a region. A composite index of selected social indicators has been proposed as a measure of social development. Certain existing methods of construction of composite indexes have been examined and new methods proposed using the variance-covariance matrix and intercorrelation matrix of the indicators and the concept of (Euclidean) distance. Two examples of intertemporal and international comparisons have been presented to illustrate the proposed methods.

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