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This paper explores the links between economic growth and human development, identifying two chains, one from economic growth to human development, the other from human development to economic growth. The importance of various links in each chain are explored empirically with the help of...
Persistent link: https://www.econbiz.de/10014218615
Recent literature has contrasted Human Development, described as the ultimate goal of the development process, with economic growth, described as an imperfect proxy for more general welfare, or as a means toward enhanced human development. This debate has broadened the definitions and goals of...
Persistent link: https://www.econbiz.de/10014071465
Recent literature has contrasted Human Development, described as the ultimate goal of the development process, with economic growth, described as an imperfect proxy for more general welfare, or as a means toward enhanced human development. This debate has broadened the definitions and goals of...
Persistent link: https://www.econbiz.de/10011609662
This paper explores the two-way relationships between Economic Growth (EG) and Human Development (HD), building on an earlier work by Ranis, Stewart, and Ramirez (2000). Here, we show that HD is not only a product of EG but also an important input to it. The paper develops new empirical...
Persistent link: https://www.econbiz.de/10011611958
This paper adopts a more expansive definition of Human Development than that encompassed by the Human Development Index in order to explore diverse country patterns of behavior in relation to these broadened dimensions. We proceed by first identifying the dimensions to be investigated and...
Persistent link: https://www.econbiz.de/10003810988
This paper seeks to examine the interdependence between economic growth (EG) and human development (HD). It is concerned with changes in per capita income and its two-way relationship with the basic societal objective of human development. Regressions across various Latin American countries are...
Persistent link: https://www.econbiz.de/10011613020
years, taking a multidimensional approach to point to the importance of social institutions and social capabilities as …
Persistent link: https://www.econbiz.de/10011817870
This paper suggests that area studies and economics have a better chance to be married successfully if we shift our attention from the exclusive emphasis on economic growth towards improvements in human development, especially the much broadened version of that concept. Different areas are shown...
Persistent link: https://www.econbiz.de/10003864751