scholarly journals Poverty Human Capital and Economic Development Nexus: A Case Study of Multan Division

Author(s):  
Salyha Zulfiqar Ali Shah ◽  
Imran Sharif Chaudhry ◽  
Fatima Farooq

Countries across the world have acknowledged that poverty alleviation has to be of critical importance among the objectives of economic development. This paper sheds light on the Multan division, as one the important division of Southern Punjab, Pakistan. The primary data was collected through a household survey during the year 2019.The study concluded that occupation of the household head in the primary sector and household size are significant and positively associated with household poverty. However, human capital of the household is found to be significant and negatively related to household poverty in the Multan division. Economic development or per capita income of the households are found to be significant and positively related with human capital of the households.

2021 ◽  
Vol 4 (1) ◽  
pp. 179-191
Author(s):  
Salyha Zulfiqar Ali Shah ◽  
Imran Sharif Chaudhry ◽  
Fatima Farooq

Analyzing the factors affecting human capital at household level increases the productivity of people living in developing countries. A primary data was collected through a household survey to study the factors affecting human capital in Southern Punjab using Ordinary Least Squares (OLS) regression technique. The findings show that the location of the household in rural areas, occupation of the household head in the primary sector, household size, household poverty and female/male ratio shows significant and negatively affecting the human capital of the households in Southern Punjab. Moreover, per capita income, number of earners in the household, remittances are significant and positively affecting the human capital of the households in Southern Punjab. The annual budget allocation for education in Pakistan is very low, so Government should allocate a significant amount of funds to the education sector.


Author(s):  
Salyha Zulfiqar Ali Shah ◽  
Imran Sharif Chaudhry ◽  
Fatima Farooq

Different socioeconomic and demographic characteristics of households have been examined over time, across the world. Developing countries are struggling and striving to achieve the path of economic development. The present study has based on primary data, collected through a household survey during the year 2019. Human capital constitutes education, health, skills and on-the-job training are the most significantly related to the prosperity of the households. The results of the study conclude human capital is the most significant and influential factor that would play a vital role in promoting the prosperity and development of the Southern Punjab, Pakistan. Government should develop various projects to promote education in Pakistan. Vocational training schools would help to enhance the skills of the households.


2021 ◽  
Vol 4 (1) ◽  
pp. 189-200
Author(s):  
Salyha Zulfiqar Ali Shah ◽  
Imran Sharif Chaudhry ◽  
Fatima Farooq

Analyzing the factors affecting human capital at household level increases the productivity of people living in developing countries. A primary data was collected through a household survey to study the factors affecting human capital in Southern Punjab using Ordinary Least Squares (OLS) regression technique. The findings show that the location of the household in rural areas, occupation of the household head in the primary sector, household size, household poverty and female/male ratio shows significant and negatively affecting the human capital of the households in Southern Punjab. Moreover, per capita income, number of earners in the household, remittances are significant and positively affecting the human capital of the households in Southern Punjab. The annual budget allocation for education in Pakistan is very low, so Government should allocate a significant amount of funds to the education sector.


Author(s):  
Salyha Zulfiqar Ali Shah ◽  
Imran Sharif Chaudhry ◽  
Fatima Farooq

To pursue the poverty reduction goals, various socio-economic, demographic, human development factors should be linked together for a better quality of life, good macro-economic performance and overall economic development of the developing countries. The present study focuses on the Bahawalpur division, Pakistan. A household survey was conducted to collect data from 353 household heads. i.e., respondents using the Binomial Logit and  Ordinary Least Squares (OLS) regression techniques. The findings of the study reveal that human capital is the most influencing factor that positively affects the per capita income of households. Moreover, Human capital negatively affects the household’s poverty.


Author(s):  
Maryna Demyanchuk

Information and telecommunication services are currently a full-fledged resource for social development compared to traditional resources. The growth of the level of scientific and technological progress has led to the incredibly fast development paces in the sphere of information and communication technologies, which has a significant impact on the development of the economy. On the basis of a thorough analysis of the sectors of information and communication technologies and components of the ICT development index, the article substantiates the need for accelerated digitization of the majority of enterprises of different spheres of economic activity with the aim of qualitative development of Ukrainian economy in order to increase its competitiveness in the world. This is explained by the fact that information and technology represent the main economic resource in the period of formation of information society and digital economy, and enterprises of the sphere of communication and informatization are a catalyst for social and economic development of the country as a whole. Using a methodological toolkit of the theory of systematic and correlation-regression analysis, an economic-mathematical model of the development of the sphere of communication and informatization in the regions of the world and individual countries of the world is constructed. It is based on the existing pattern of leading development of the communications sector, but takes into account the degree of economy dependence on the ICT development, which in some regions and countries is 100%. This is due to the approaching mass availability of ICT services in some countries in these regions. On the basis of the constructed model, the forecasting of GDP PPP per capita was carried out, which showed faster rates of growth of the country’s economy with the growth of the development level of the sphere of communication and informatization and accessibility of telecommunication services. In turn, the availability of telecommunication services is influenced by the digital skills of society and the level of their prices, which has necessitated determining the dependence of GDP PPP per capita on prices for communication services of countries with varying degrees of socio-economic development. This makes it possible to identify reserves for improving the productivity of individuals while increasing the availability of telecommunications services.


The effective altruism movement consists of a growing global community of people who organize significant parts of their lives around two key ideas, represented in its name. Altruism: If we use a significant portion of the resources in our possession—whether money, time, or talents—with a view to helping others, we can improve the world considerably. Effectiveness: When we do put such resources to altruistic use, it is crucial to focus on how much good this or that intervention is reasonably expected to do per unit of resource expended (for example, per dollar donated). While global poverty is a widely used case study in introducing and motivating effective altruism, if the ultimate aim is to do the most good one can with the resources expended, it is far from obvious that global poverty alleviation is highest priority cause area. In addition to ranking possible poverty-alleviation interventions against one another, we can also try to rank interventions aimed at very different types of outcome against one another. This includes, for example, interventions focusing on animal welfare or future generations. The scale and organization of the effective altruism movement encourage careful dialogue on questions that have perhaps long been there, throwing them into new and sharper relief, and giving rise to previously unnoticed questions. In the present volume, the first of its kind, a group of internationally recognized philosophers, economists, and political theorists contribute in-depth explorations of issues that arise once one takes seriously the twin ideas of altruistic commitment and effectiveness.


2021 ◽  
Vol 20 (1-2) ◽  
pp. 77-97
Author(s):  
John Bosco Ngendakurio

Abstract This article seeks to reveal the primary barriers to fair economic development based on Kenyans’ perceptions of power and globalization. This search was initially sparked by the seeming disinterest of First World scholars to understand the reasons why poor countries benefit so little from the global market as reflected in a subsequent lack of a wide-ranging existing literature about the subject. The literature suggests that global capitalism is dominated by a powerful small elite, the so-called Transnational Capitalist Class (TCC), but how does this relate to Kenya and Africa in general? We know that the TCC has strong connections to financial capital and wealthy transnational corporations. It also pushes neo-liberalism, which becomes the taken-for-granted everyday language and culture that justifies state policies that result in a further class polarization between the rich and poor. Using Kenya as a case study, this article draws on original qualitative research involving face-to-face interviews with Kenyan residents in different sectors who spoke freely about what they perceive to be Kenya’s place in the world order. My interview results show that, on top of the general lack of economic power in the world order, the main barriers to Africa’s performance are neo-colonial and imperialist practices, poor technology, poor infrastructure, general governance issues, and purchasing power.


2012 ◽  
Vol 59 (3) ◽  
pp. 293-310 ◽  
Author(s):  
Gordan Stojic

There are several divisions of countries and regions in the world. Besides geo-political divisions, there also are economic divisions. The most common economic division is the that on developed countries and the poor ones. These divisions are a consequence of the level of: GDP, GDP per capita, unemployment rate, industrial growth, and so on. The question is how to define a mathematical model based on which the following will be assessed: who is rich and who is poor, or who is economically developed and who is not? How the boundaries of transition from one category to another can be defined? This paper presents a model for evaluating the level of economic development of countries and regions using "fuzzy" logic. The model was tested on a sample of 19 EU member countries and aspirants for membership.


2021 ◽  
Vol 11 (3) ◽  
Author(s):  
Aleksander Kuczabski

The article proposes a new unique approach to assessing the economic efficiency of national governments. The assessment is based on the indicator of gross free product per capita, which is a difference between GDP and government size per capita. This method was used to analyze the situation in two post-communist states – Poland and Ukraine. The author studied their economic development in 2009–2019, and the received data was used to draw conclusions about economic policies in the two countries in the period in question. A forecast has been made about the possible impact of the Covid-19 pandemic on economic processes from the perspective of changes in the gross free product per capita.


2018 ◽  
Vol 40 (335) ◽  
pp. 41-53 ◽  
Author(s):  
Oluwakemi Adeola Obayelu ◽  
Ayodeji Ojo ◽  
Olamide Oladoyin

Abstract Human capital development is increasingly gaining policy relevance especially with the implementation of the Sustainable Development Goals (SDGs). This study examined the correlates of human capital expenditure in rural Nigeria. General Household Survey dataset collected by the National Bureau of Statistics was used for this study. Descriptive statistical tools, principal components analysis and the Heckman selection model were used to analyse relevant data. The study found majority of the households were male-headed, with an average size of 7 people. In terms of access to education, 62.1% of the surveyed households had access to education and spent an average of NGN 12,570.56 on education. The age of household head, access to loans, marital status and household size were the correlates of human capital expenditure in rural Nigeria. Also, school fees and registration accounted for 41.2% of households’ expenditure on education. The study found paucity of funds, low priority placed on education and low interest were the main constraints to human capital expenditure. The study recommended the design and implementation of pro-poor educational interventions especially for children from rural households. Also, there is the need for government, multilateral organisations and financial institutions to position rural households for financial inclusion.


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