scholarly journals ECONOMIC DEVELOPMENT IN AFRICA AND EUROPE: RECIPROCAL COMPARISONS

Author(s):  
Stephen Broadberry ◽  
Leigh Gardner

ABSTRACTRecent advances in historical national accounting have allowed for global comparisons of GDPper capitaacross space and time. Critics have argued that GDPper capitafails to capture adequately the multi-dimensional nature of welfare, and have developed alternative measures such as the human development index. Whilst recognising that these wider indicators provide an appropriate way of assessing levels of welfare, we argue that GDPper capitaremains a more appropriate measure for assessing development potential, focussing on production possibilities and the sustainability of consumption. Twentieth-century Africa and pre-industrial Europe are used to show how such data can guide reciprocal comparisons to provide insights into the process of development on both continents.

2016 ◽  
Vol 55 (4I-II) ◽  
pp. 657-673
Author(s):  
Karim Khan ◽  
Saima Batool ◽  
Anwar Shah

Since the recent emphasis on institutions for overall economic development of the countries, the research in this strand has expanded enormously. In this study, we want to see the impact of political institutions on economic development in pure cross-country setting. We take the Human Development Index (HDI) as a measure of economic development and use two alternative measures of dictatorship. We find that dictatorship is adversely affecting economic development in our sample of 92 countries. For instance, transition from extreme dictatorship to ideal democracy would increase HDI by 17 percent. Moreover, our results are robust to alternative specifications and the problems of endogeneity and reverse causation as is shown by the results of 2 Stages Least Squares (2SLS). JEL Classification: P16, H11, H41, H42 Keywords: Economic Development, Human Development Index, Dictatorship


2020 ◽  
Vol 2 (1) ◽  
pp. 98-113
Author(s):  
Dedi Junaedi

ABSTRACT The main objective of a country's economic development is an effort to improve the welfare of its people. Various indicators of development success have been offered. Starting from GDP and per capita income, human development index (HDI), people's welfare index (pledge) and economic welfare index (Eurostat). In the perspective of Islam, the various indicators still have weaknesses because they only display worldly statistics, they have not touched the aspect of ukhrawi (afterlife). On that basis, Islam introduced the concept of maqasid al-shariah or benefit as an indicator of the success of development. The benefit to be achieved includes the safeguarding of five basic elements of human life: faith (monotheism), soul, reason, descent, and wealth (wealth). From these five elements we can develop a number of benefit parameters as indicators of complete human development. Keywords:  eurostat, ikrar, HDI, benefits, maqasid al-sharia, GDP


2021 ◽  
pp. 001946622199862
Author(s):  
G G Sajith ◽  
K. Malathi

The tracking of gross domestic product (GDP) as a measure of well-being of the society or human-being has been debated by many researchers and economists (Elizabeth, 2007; Abhinav, 2014; Deb, 2015 ) There are many deficiencies in tracking GDP as the economic development indicator, as it does not capture the inequality or true development of Human-being. Noted economist Mehbub ul Haq’s human development project defined a composite matrix which captures the life expectancy, education and per capita indicators in one matrix. This was developed to track as a development indicator of human welfare. In the previous studies, the GDP or GDP per capita was regressed with the Human Development Index (HDI) composite index and indicated a direct correlation between the two variables. However, this article examines the contribution of the income component in the HDI index by recalculating the composite matrix. This article also qualitatively examines the ability of HDI index to measure the human development parameters. JEL Classification Codes: E01, I12, O1


Author(s):  
Volkan Öngel ◽  
İlyas Sözen ◽  
Ahmet Alkan Çelik

Economic development and growth had been the most important target among all goverments throughout the history. In this respect, Kazakhstan, Turkmenistan, Uzbekistan, Tajikistan and Kyrgyzstan in Middle Asian Region had chosen development as primary target in 20 years time after their independence. Human capital is the leading factor to maintain economic development and growth. Development and growth terms over which different meanings and concepts were imposed in time, necessitated several political economic alterations. Before 1970’s, increase in income had been sufficient criterion for the development of a government. But nowadays economic development incorporates factors such as life expectancy at birth, school enrolment ratio, literancy rate, gender discrimination, poverty alleviation, equal distribution of income beyond economic growth. Herewith this change political preference and priorities has started to differentiate. The aim of this study is to discuss human development index (HDI) data of 5 Middle Asian countries in 2010 and changes in HDI in years after their independence. Comparisan between Gross Domestic Product (GDP) and HDI rates are also performed within this analysis. This study consists of data of 5 Middle Asian countries between years 1990-2010. Basic, retrospective, illustrative library method is used as the study method. In conclusion, we find that increase in GDP did not reflect over HDI in Middle Asian Countries within 20-years period.


2021 ◽  
Vol 3 (2) ◽  
pp. 126-140
Author(s):  
A. Jauhar Mahya

The Human Development Index (HDI) is one of the data and information used by local governments to measure the achievement of human development. HDI is formed by three basic dimensions, namely a long and healthy life, knowledge, and a decent standard of living. This study explain whether there is an influence and to obtain the magnitude of the influence of the expected number of years of schooling, the average length of schooling, and the per capita expenditure together on the Human Development Index in Central Java Province. This study was completed using multiple linear regression analysis with the help of SPSS 1.6 (Statistical Package for Social Sciences) software. The results of this study indicate that the expected length of schooling, average length of schooling, and per capita expenditure have a significant effect on the human development index, which is 97.8% and only 2.2% is influenced by other factors.


Author(s):  
Josep Penuelas ◽  
Tamás Krisztin ◽  
Michael Obersteiner ◽  
Florian Huber ◽  
Hannes Winner ◽  
...  

Background: The quantity, quality, and type (e.g., animal and vegetable) of human food have been correlated with human health, although with some contradictory or neutral results. We aimed to shed light on this association by using the integrated data at country level. Methods: We correlated elemental (nitrogen (N) and phosphorus (P)) compositions and stoichiometries (N:P ratios), molecular (proteins) and energetic traits (kilocalories) of food of animal (terrestrial or aquatic) and vegetable origin, and alcoholic beverages with cancer prevalence and mortality and life expectancy (LE) at birth at the country level. We used the official databases of United Nations (UN), Food and Agriculture Organization of the United Nations (FAO), Organization for Economic Co-operation and Development (OECD), World Bank, World Health Organization (WHO), U.S. Department of Agriculture, U.S. Department of Health, and Eurobarometer, while also considering other possibly involved variables such as income, mean age, or human development index of each country. Results: The per capita intakes of N, P, protein, and total intake from terrestrial animals, and especially alcohol were significantly and positively associated with prevalence and mortality from total, colon, lung, breast, and prostate cancers. In contrast, high per capita intakes of vegetable N, P, N:P, protein, and total plant intake exhibited negative relationships with cancer prevalence and mortality. However, a high LE at birth, especially in underdeveloped countries was more strongly correlated with a higher intake of food, independent of its animal or vegetable origin, than with other variables, such as higher income or the human development index. Conclusions: Our analyses, thus, yielded four generally consistent conclusions. First, the excessive intake of terrestrial animal food, especially the levels of protein, N, and P, is associated with higher prevalence of cancer, whereas equivalent intake from vegetables is associated with lower prevalence. Second, no consistent relationship was found for food N:P ratio and cancer prevalence. Third, the consumption of alcoholic beverages correlates with prevalence and mortality by malignant neoplasms. Fourth, in underdeveloped countries, reducing famine has a greater positive impact on health and LE than a healthier diet.


Author(s):  
Partha Dasgupta

In this paper, I formalize the idea of sustainable development in terms of intergenerational well-being. I then sketch an argument that has recently been put forward formally to demonstrate that intergenerational well-being increases over time if and only if a comprehensive measure of wealth per capita increases. The measure of wealth includes not only manufactured capital, knowledge and human capital (education and health), but also natural capital (e.g. ecosystems). I show that a country's comprehensive wealth per capita can decline even while gross domestic product (GDP) per capita increases and the UN Human Development Index records an improvement. I then use some rough and ready data from the world's poorest countries and regions to show that during the period 1970–2000 wealth per capita declined in South Asia and sub-Saharan Africa, even though the Human Development Index (HDI) showed an improvement everywhere and GDP per capita increased in all places (except in sub-Saharan Africa, where there was a slight decline). I conclude that, as none of the development indicators currently in use is able to reveal whether development has been, or is expected to be, sustainable, national statistical offices and international organizations should now routinely estimate the (comprehensive) wealth of nations.


The study examined the role played by HCD in the economic development of Kenya between 2002 and 2014 by interrogating the development models adopted by South Korea and Singapore as a benchmark to determine the gaps in the model adopted by Kenya. Despite Kenya, Singapore and South Korea exhibiting similar income levels in the 1960s, the gap between Kenya’s economic growth and those of South Korea and Singapore has widened tremendously since independence in 1963. Kenya has recorded low Gross Domestic Product (GDP) compared to the two Asian countries. The researcher relied on secondary data sourced from national, regional and international websites and organizations. The data collected was corroborated with data sourced from government offices and websites. Data sets from the three countries was used to examine the extent to which HCD practices affect economic growth for the purposes of deriving the best HCD practices from South Korea and Singapore that influence economic growth. The design therefore necessitated causality analysis using the Granger Causality Test and correlational and regression analysis that facilitated the measurement, development and assessment of the statistical significance of the causal relationships among the study variables. The model variables included GDP as the response variable explained by six predictor variables; government expenditure on education, human development index, average years of schooling as a proxy for percentage of population that has attained education, patents filed by the countries, government effectiveness and government expenditure on research and development. Findings revealed that HCD had a great influence on economic development of a country. Findings further revealed that whereas human development index was found to be positively correlated to economic growth in South Korea and Singapore, it was negatively (inversely) correlated to economic growth in Kenya. To achieve sustained economic growth, the study recommends that the provision of education be strengthened to ensure successful implementation of Competency Based Curriculum with the government laying more emphasis on applied R&D.


2018 ◽  
Vol 2 (1) ◽  
pp. 165
Author(s):  
Yunie Rahayu

Poverty is a problem faced by all countries in the world, especially the developing countries, such as Indonesia. Poverty is a complex issue that is affected by a variety of interrelated factors, such as people's income levels, unemployment, health, education, access to goods and services, geographic location, gender, and location the environment. The number of poor population in Central Java is relatively lebihtinggi compared to laindi province of Indonesia, that is occupying ranked second in the number of poor population the largest in Indonesia after East Java. This research aims to analyze how and how much the variable influences the human development index, GDP per capita, and the number of poor population against unemployment in Jambi province in the year 2016. Methods of analysis in this study using multiple linear regression analysis with the method of Ordinary Least Square (OLS) that use data between spaces (cross section) district/town in Jambi province year 2016 with the help of software Eviews 4.1. The results of this research indicate that the variable is the human development index (HDI) a negative and significant effect against the poor population in the province of Jambi, the per capita GDP is negative and significant effect against the number of poor population in The province of Jambi, the unemployment and the number of positive and significant effect against the poor population in the province of Jambi.Keywords: population of the poor, the human development index (HDI), GDP per capita, and the number of Unemployed


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