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Dimensions of Globalization and Their Effects on Economic Growth and Human Development Index

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  • Utpal Kumar De
  • Manoranjan Pal

Abstract

The globalisation is supposed to reduce regional inequality, poverty and promote sustainability and improve overall human quality. Several studies have provided contradictory results in regard to the effect of globalisation, either in case of growth of GDP, or reduction in inequality and poverty or maintaining environmental sustainability and finally the human development. This paper attempts to examine the pattern of globalisation across the countries along with its effect on the growth of GDP as well as human development index. The term globalization is becoming more and more meaningful as can be seen from the interrelations of these variables. Also globalization has been seen to have effect on the contemporary and very recent future values only.

Suggested Citation

  • Utpal Kumar De & Manoranjan Pal, 2011. "Dimensions of Globalization and Their Effects on Economic Growth and Human Development Index," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 1(1), pages 1-13.
  • Handle: RePEc:asi:aeafrj:v:1:y:2011:i:1:p:1-13:id:706
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    Cited by:

    1. Yu. V. Volodin & P. A. Podkovyrov, 2018. "International Market Expansion," Strategic decisions and risk management, Real Economy Publishing House, issue 4.
    2. Utpal Kumar De, 2014. "Globalisation and cointegration among the states and convergence across the continents: A panel data analysis," Economic Analysis and Policy, Elsevier, vol. 44(1), pages 107-121.
    3. Ece C. Akdo?an & Ekin Ayºe Özºuca, 2019. "Profitability effects of financial globalization in an emerging market banking industry: insights into Turkey," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 37(1), pages 303-325.

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