RESEARCH REVIEW International Journal of Multidisciplinary

Exploring the Philosophical and Conceptual Evolution of Economic Well-Being: From Antiquity to Present

2025-06-17T11:59:13-04:00

Rich intellectual traditions dating back thousands of years provide a plethora of knowledge about the current state of the economy. The assessment of economic well-being has a lengthy history characterized by constant evolution and modification. The pursuit of measuring wealth and well-being has influenced our perception of the economy and society since the dawn of civilization and continues into contemporary times. While GDP has been the conventional metric, the efforts regarding quantifying economic well-being beyond GDP, is a reflection of our expanding knowledge of the multifaceted and complex elements that contribute to societal prosperity. Although a single metric cannot encompass all aspects of well-being, a blend of indices can yield a more all-encompassing and refined comprehension. The paper explores all such metrics providing a nuanced understanding of the evolution process. As we confront the challenges of the 21^st century, the measurement of economic well-being continues to evolve reflecting changing priorities and advancing methodologies, so that nations can efficiently convert the finite resources of the planet into the prosperity of their citizens.

Exploring the Impact of SHGs on Women Empowerment in the Delhi NCR Region

2025-06-17T12:12:44-04:00

The present study investigates the multifaceted impact of Self-Help Groups (SHGs) on women’s empowerment in the Delhi National Capital Region (NCR) of India. Self-Help Groups have come to be recognized not solely as mechanisms of financial inclusion but as social instruments enabling enhanced self-confidence, decision-making capabilities, and community participation among women. Through a mixed-methods empirical approach combining surveys, focus group discussions, and personal interviews with SHG members, this research examines variables such as household income, asset ownership, mobility, financial decision-making, social participation, and psychological empowerment. The findings reveal that membership in SHGs is strongly correlated with increases in income, savings, and individual agency. However, gaps remain in areas such as digital literacy, market linkages, and policy support. Based on the evidence gathered, strategic recommendations are offered to strengthen programme design, operational framework, and policy integration concerning SHGs within urban and peri-urban contexts. The study concludes by suggesting future research pathways, particularly emphasizing longitudinal tracking and comparative analysis between rural and urban SHG outcomes.