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Balancing Human Development With Economic Growth: A Study Of ASEAN 5

Author

Listed:
  • Swaha Shome

    (IBS Mumbai, India)

  • Sarika Tondon

    (IBS Mumbai, India)

Abstract

Economic growth as measured by the GDP of an economy should eventually lead to economic development and better quality of life for its citizens. In many developing countries however, the ranking according to GDP does not match its ranking according to indicators of economic development. This article explores this issue in the ASEAN 5 economies and draws divergent results for the five economies.

Suggested Citation

  • Swaha Shome & Sarika Tondon, 2010. "Balancing Human Development With Economic Growth: A Study Of ASEAN 5," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 10(1), pages 335-348.
    • Handle: RePEc:pet:annals:v:10:y:2010:i:1:p:335-348
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    File URL: http://upet.ro/annals/economics/pdf/2010/20100134.pdf
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    References listed on IDEAS

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    1. Mr. Mahmood Hasan Khan, 2002. "When is Economic Growth Pro-Poor? Experiences in Malaysia and Pakistan," IMF Working Papers 2002/085, International Monetary Fund.
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    Citations

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    Cited by:

    1. Serdar Ozturk & Seher Suluk, 2020. "The granger causality relationship between human development and economic growth: The case of Norway," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 9(6), pages 143-153, October.
    2. Gheorghe Florin Buşe, 2012. "Aspects of The Manager Activities Within The Future Competitive Environment," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(2), pages 77-84.
    3. Mine Yilmazer & Serkan inar, 2015. "Human Capabilities and Economic Growth: A Comparative Human Capability Index," International Journal of Economics and Financial Issues, Econjournals, vol. 5(4), pages 843-853.
    4. Ruxandra-Irina POPESCU & Rãzvan-Andrei CORBOª, 2013. "€Œamazing Thailand €“ Its Contribution To Growing The Country’S Competitiveness," Proceedings of Administration and Public Management International Conference, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 9(1), pages 220-234, June.
    5. Wentao Gu & Hairui Pan & Zimin Hu & Zhongdi Liu, 2022. "The Triple Bottom Line of Sustainable Entrepreneurship and Economic Policy Uncertainty: An Empirical Evidence from 22 Countries," IJERPH, MDPI, vol. 19(13), pages 1-18, June.
    6. repec:rom:campco:v:9:y:2013:i:1:p:220-234 is not listed on IDEAS
    7. Muhammad Taqi & Muhammad Sibt e Ali & Sabiha Parveen & Mehtab Babar & Inam Makki Khan, 2021. "An analysis of Human Development Index and Economic Growth. A Case Study of Pakistan," iRASD Journal of Economics, International Research Alliance for Sustainable Development (iRASD), vol. 3(3), pages 261-271, December.

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    More about this item

    Keywords

    ASEAN 5; GDP; HDI; Life Expectancy; Education Index; Correlation;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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