The composite measures of social and economic welfare – the idea of the new – Social Economic Welfare Index (N-Sewi)

The paper presents methods of measuring welfare and sensitive points of concern and controversy around so doing research. The article attempts to construct a composite measure that will create social welfare ranking countries in terms of GDP per capita, accumulated wealth and social stratification in terms of disposable income. The author presents his own idea of new research method that investigates new social and economic welfare index (N-SEWI) and points at further directions of researches within this scope. The aim of the paper is to show the essence of the research on the social and economic wealth on the basis of popular synthetic indexes and contemporary dilemmas resulting from its measuring and the perspective of their solutions and the development of measurement methods.