reducing poverty provides a different but equally powerful case for health investments. However, if policymakers are to …Good health is a crucial part of well-being but spending on health can be justified on economic grounds. The goal of … accelerate the substantial health gains of recent decades, especially for the poor in African countries such as Nigeria, the …

REDUCING POVERTY PROVIDES A DIFFERENT BUT EQUALLY POWERFUL CASE FOR HEALTH INVESTMENTS. HOWEVER, IF POLICYMAKERS ARE TO …GOOD HEALTH IS A CRUCIAL PART OF WELL-BEING BUT SPENDING ON HEALTH CAN BE JUSTIFIED ON ECONOMIC GROUNDS. THE GOAL OF … ACCELERATE THE SUBSTANTIAL HEALTH GAINS OF RECENT DECADES, ESPECIALLY FOR THE POOR IN AFRICAN COUNTRIES SUCH AS NIGERIA, THE …

productive are the main reasons for the existence of a poverty trap with a high population growth rate and little or no schooling …. Interventions such as taxes and subsidies can lead to sustained long-term economic growth, with fulltime schooling and a low … population growth rate, even without outside aid, if the child-raising costs are not too high and the educational process is at …

aggregate relations. This paper establishes a bridge between the aggregation and the inequality and growth literature by … applying a log-linear aggregation method to a simple heterogeneous AK growth model. The aggregation effect is explicitly … captured in the growth equation by the changes of the mean logarithmic deviation (MLD or Theil’s second measure) of the income …

distribution, growth and international specialization. The model is explored both for the steady- state properties and the … transitory dynamics of integrated economies. Income inequality affects the patterns of growth and international specialization as …

This paper develops a growth theory that captures the replacement of physical capital accumulation by human capital … accumulation as a prime engine of growth along the process of development. It argues that the positive impact of inequality on the … growth process was reversed in this process. In early stages of the Industrial Revolution, when physical capital accumulation …

The effect of human capital on growth and development has been somewhat neglected in economic literature. However …, evidence has suggested the importance of engineering and technical skills to economic growth. Simultaneously, European … standard increasing-variety endogenous growth model, we propose various measures of this composition, namely the ratio of high …

The interest rate and the rate of economic growth are often regarded as roughly constant as economies grow. Moreover …, the agricultural sector and rural population typically shrink. We show that an otherwise standard growth model that … marginal returns of capital. As a result, the interest rate and the growth rate of the economy remain constant during the …