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empirical analysis builds on four indicators of economic development that are per capita GDP, inequality, poverty and employment … positive while its effect on employment is negative. Although trade theory predicts that trade openness is the potential source …
Persistent link: https://www.econbiz.de/10011110847
Transformation of the countryside from agrarian subsistence economy to non-farm monetised economy is propagated as a precursor of growth and development and involves shifting of labour from farming to off-farm activities. India has started its journey in this path but has a long way to go....
Persistent link: https://www.econbiz.de/10011113815
Pakistan is on its way to achieving the targets of the fifth Millennium Development Goal in terms of reducing the maternal mortality ratio by three-quarters between 1990 and 2015. However, the rate of decline needs to speed up over the next decade as Pakistan has a high Maternal Mortality Ratio...
Persistent link: https://www.econbiz.de/10011259270
Relative deprivation (RD), also known as relative poverty , an idea implicitly put forward by Adam Smith in The Wealth of Nations and formally conceptualized by Runciman (1966), refers to the discontent people feel when they compare their positions to others and realize that others in the group...
Persistent link: https://www.econbiz.de/10011260168
The paper investigates the impacts of different health indicators on Economic growth in Pakistan. The Cointegration and Error Correction techniques were applied on the time series data of Pakistan for the period of 1972-2006. We find that Per capita GDP is positively influenced by health...
Persistent link: https://www.econbiz.de/10005025711
In India, Economic Reforms has been explicitly started in 1991. Even with some controversy in the initial period now it intruded in almost all the sectors. At present days economic reforms is mingled with every sphere of economic activities. But the effects of economic reforms are highly...
Persistent link: https://www.econbiz.de/10008531703
Poverty is multidimensional in nature. Poverty is associated not only with insufficient income or consumption but also with insufficient outcomes with respect to health, nutrition, and literacy and deficient social relations, insecurity, and low self-esteem and powerlessness. Since poverty is a...
Persistent link: https://www.econbiz.de/10008565944
This study examines the relationship between health expenditure, education and economic growth in MENA countries using panel data estimation. Our results based on random effect estimation endorse a relationship between health expenditure, education and economic growth. Data were obtained from...
Persistent link: https://www.econbiz.de/10011107604
Despite the Government of Indonesia’s commitment to address human security as stated in its ambitious medium-term development plan and the Millennium Development Goals, poverty in its multidimensionality remain a major issue in Indonesia as a significant proportion of the Indonesian population...
Persistent link: https://www.econbiz.de/10011108376
We evaluate whether and how the persistence of inequality and the presence of inequality traps carry over the persistence of poverty and possible aggregate economic inefficiencies. We propose a microeconomic formalization of one possible definition of poverty and of the behaviour of poor and...
Persistent link: https://www.econbiz.de/10005260074