Successful Transition Towards a Virtuous Cycle of Human Development and Economic Growth: Country Studies

Ranis, Gustav; Stewart, Frances

doi:10.2139/ssrn.920603

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Successful Transition Towards a Virtuous Cycle of Human Development and Economic Growth: Country Studies

Yale University Economic Growth Center Discussion Paper No. 943

34 Pages Posted: 26 Sep 2006

See all articles by Gustav Ranis

Gustav Ranis

Yale University - Department of Economics (Deceased)

Frances Stewart

University of Oxford - Department of Economics

Date Written: September 2006

Abstract

This paper explores the two-way links between Economic Growth and Human Development by examining the performance of some countries which have been successful in both dimensions and a few which have not. The specific aim is to examine the historical experience of six countries in order to determine how a system can move to a situation in which improvements in Human Development accompany and support higher rates of growth which, in turn, contribute to further improvements in Human Development as the basic societal objective.

Keywords: Economic Growth, Human Development, Comparative Country Studies

JEL Classification: O11, O15, O57

Suggested Citation: Suggested Citation

Ranis, Gustav and Stewart, Frances, Successful Transition Towards a Virtuous Cycle of Human Development and Economic Growth: Country Studies (September 2006). Yale University Economic Growth Center Discussion Paper No. 943, Available at SSRN: https://ssrn.com/abstract=920603 or http://dx.doi.org/10.2139/ssrn.920603