Arbeitspapier
Financial Determinants of Human Development in Developing Countries
Hitherto financial drivers of human development have been unexplored by the UNDP. This paper assesses determinants of human development from financial dynamics of depth, efficiency, size and activity on data from 38 developing countries. While the importance of financial activity, size and depth (in decreasing order) is significant for inequality adjusted human development, financial allocation efficiency significantly undermines welfare. As a policy implication results do not support financial allocation efficiency as a driver of human development.
- Language
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Englisch
- Bibliographic citation
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Series: AGDI Working Paper ; No. WP/11/012
- Classification
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Wirtschaft
Macroeconomics and Monetary Economics: General
Financial Institutions and Services: General
Health, Education, and Welfare: General
Economic Development: General
- Subject
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Banking
human development
developing countries
instrumental variables
- Event
-
Geistige Schöpfung
- (who)
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Asongu, Simplice A.
- Event
-
Veröffentlichung
- (who)
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African Governance and Development Institute (AGDI)
- (where)
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Yaoundé
- (when)
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2011
- Handle
- Last update
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10.03.2025, 11:46 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Asongu, Simplice A.
- African Governance and Development Institute (AGDI)
Time of origin
- 2011
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