Arbeitspapier
Growth and Human Development: Comparative Latin American Experience
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 run for 1960-92. Country performance is separated into virtuous/vicious cycles or HD/EG lopsidedness. The study makes an attempt to correct the commonly held view that ensuring increases in economic growth automatically leads to advances in human development. Human development has to occur prior to or simultaneous with improvements in economic growth, if a country is to reach a virtuous cycle. The Latin American experience indicates that a balanced approach to development has to be adopted. It is imperative to focus on human development from the outset of any reform program, as policies that emphasize economic growth alone are futile in sustaining high levels of human development.
- Sprache
-
Englisch
- Erschienen in
-
Series: Center Discussion Paper ; No. 826
- Klassifikation
-
Wirtschaft
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- Thema
-
Human Development
Economic Growth
Latin America
Wirtschaftswachstum
Entwicklung
Bildung
Gesundheit
Vergleich
Lateinamerika
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ranis, Gustav
Stewart, Frances
- Ereignis
-
Veröffentlichung
- (wer)
-
Yale University, Economic Growth Center
- (wo)
-
New Haven, CT
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Ranis, Gustav
- Stewart, Frances
- Yale University, Economic Growth Center
Entstanden
- 2001
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