Openness, Human Development, and Fiscal Policies: Effects on Economic Growth and Speed of Adjustment

1994 ◽  
Vol 41 (1) ◽  
pp. 1 ◽  
Author(s):  
Delano Villanueva
Keyword(s):  
Economic Growth ◽  
Human Development ◽  
Fiscal Policies ◽  
Speed Of Adjustment

scholarly journals Analysis Relationship of Economic Growth, Fiscal Policies and Demographic to Islamic Human Development Index in Indonesia (Granger Causality Approach)

2020 ◽  
Vol 6 (1) ◽  
pp. 31-46
Author(s):  
Rukiah Lubis
Keyword(s):  
Economic Growth ◽  
Fiscal Policy ◽  
Human Development ◽  
Granger Causality ◽  
Human Development Index ◽  
Fiscal Policies ◽  
Causality Test ◽  
Development Index ◽  
Education And Health ◽  
Relationship Of

The purpose of study is to analyze the relationship of  Economic Growth, Fiscal Policies, and Demographic to  Islamic Human Development Index in Indonesia.  The analysis method used Granger Causality test in 33 representative provinces.   Taked sampling with Criteria Purporsive Sampling method. The results showed that there was relationship between Economic growth to Demographic and Islamic Human Development Index. There was  relationship between Demographic to IHDI and  fiscal policy in health and education. There was relationship of Fiscal Policy in health to Fiscal Policy in education. Recommendation of study was 1. Increasing economic growth with equity to support the maximalization  IHDI in each region. 2.  Optimizing Fiscal policies performance to improving public services in education and health so can be impact on the high IHDI distributed in Indonesia.

The Relationship between Human Development and Economic Growth

2018 ◽  
Author(s):  
Frances Stewart ◽  
Gustav Ranis ◽  
Emma Samman
Keyword(s):  
Economic Growth ◽  
Human Development ◽  
Human Development Index ◽  
Econometric Analysis ◽  
Complementary Relationship ◽  
Development Index ◽  
The Relationship ◽  
Intervening Variables

This chapter explores the interactions between economic growth and human development, as measured by the Human Development Index, theoretically and empirically. Drawing on many studies it explores the links in two chains, from economic growth to human development, and from human development to growth. Econometric analysis establishes strong links between economic growth and human development, and intervening variables influencing the strength of the chains. Because of the complementary relationship, putting emphasis on economic growth alone is not a long-term viable strategy, as growth is likely to be impeded by failure on human development. The chapter classifies country performance in four ways: virtuous cycles where both growth and human development are successful; vicious cycles where both are weak; and lopsided ones where the economy is strong but human development is weak, or conversely ones where human development is strong but the economy is weak.

Human Destiny Is a Choice

2018 ◽  
Keyword(s):  
Economic Growth ◽  
Cold War ◽  
Human Development ◽  
Global Governance ◽  
World Order ◽  
Military Spending ◽  
The Cold War ◽  
Global World ◽  
First Time ◽  
Human Destiny

In this chapter, Haq outlines his optimistic outlook for global world order. For him the end of the Cold War had opened up many more choices for the global community. For the first time global military spending was seen to be declining every year. He saw potential to reallocate ODA aid funds, which were previously tilted in favour of cold war allies. For Haq the challenge is to link economic growth as the means to human development as an objective. He stresses on the need to reform institutions of global governance to translate globalization into opportunities for people.

Public Financing of Human Development in India: A Review

2021 ◽  
Vol 15 (1) ◽  
pp. 62-81
Author(s):  
Sacchidananda Mukherjee ◽  
Shivani Badola
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Human Development ◽  
Public Investment ◽  
Public Financing ◽  
Economic Activities ◽  
Economic Opportunities ◽  
Goods And Services ◽  
Public Transfers ◽  
Distribution Of Resources

Role of public financing of human development (HD) is inevitable, especially for developing countries like India where access to resources and economic opportunities are not equitably distributed among people. Governments aim to achieve equity in distribution of resources through allocative and redistributive policies whereas macroeconomic stabilisation policies aim to achieve higher economic growth and stability in the price level. Expenditure policies of the governments envisage in delivering larger public goods and services to enable people to take part in economic activities by investing in human capital and infrastructure developments. Progressivity of the tax system helps in achieving equity by redistribution of resources among people. Being merit goods, expenditures on education, health, and poverty eradication make it a case for public investment which empowers people to improve human capital. The benefit of universal economic participation is expected to contribute in larger mobilisation of public resources over time. Lack of economic opportunities and earning a respectable income may increase dependence on public transfers which may reduce fiscal space of the governments to finance programmes to promote overall economic growth. The objective of this article is to review existing studies on public financing of HD in India and highlight emerging challenges.

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