Human Development in the Age of Globalisation

115 Pages Posted: 30 May 2019

See all articles by Leandro Prados de la Escosura

Leandro Prados de la Escosura

Universidad Carlos III de Madrid - Faculty of Social Sciences and Law; Centre for Economic Policy Research (CEPR)

Date Written: May 2019

Abstract

This paper provides a long run view of human development as a capabilities measure of well-being for the last one-and-a-half centuries on the basis of an augmented historical human development index [AHHDI] that combines achievements in health, education, living standard, plus liberal democracy, and provides an alternative to the UN Human Development Index, HDI. The AHHDI shows substantial gains in world human development since 1870, especially during 1913-1970, but much room for improvement exists. Life expectancy has been the leading force behind its progress, especially until 1970. Human development spread unevenly. The absolute gap between western Europe and its offshoots plus Japan -the OECD- and the Rest of the world deepened over time, though fell in relative terms, with catching-up driven by longevity during the epidemiological transition and by democratisation thereafter. This result compares favourably with the growing income gap. Economic growth and human development do not always go hand-in-hand.

Keywords: Health Transition, Human Development, Liberal democracy, Life Expectancy, schooling, Well-being

JEL Classification: I00, N30, O15

Suggested Citation

Prados de la Escosura, Leandro, Human Development in the Age of Globalisation (May 2019). CEPR Discussion Paper No. DP13744. Available at SSRN: https://ssrn.com/abstract=3395181

Leandro Prados de la Escosura (Contact Author)

Universidad Carlos III de Madrid - Faculty of Social Sciences and Law ( email )

Getafe (Madrid), 28903
Spain
+34916249623 (Phone)

HOME PAGE: http://www.uc3m.es/portal/page/portal/dpto_historia_economica_inst/home/faculty/leandro_prados_escos

Centre for Economic Policy Research (CEPR) ( email )

London
United Kingdom

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