ECONOMICS OF ALTERNATIVE DEVELOPMENT PARADIGMS

Kerala has attracted the world attention for its achievements in human development comparable to that of the developed countries. This development experience has been historically evolved but promoted by public action. This ‘Kerala Model’ is in sharp contrast to the conventional ex ante economic models built on such variables as income, saving, investment, etc. Still dynamic and live, the model continues to be a paradigm meaningful for democracy and people’s well-being. Moving away from commodities and income to functioning as the essence of development, Amartya Sen identifies Kerala as a successful case of human development. It is in this context that the quest for alternative models which covers education, health care, water, insurance, governance, migration, waste management, environment protection, transport, housing and other development paradigms assumes added significance.