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Human Development in the Age of Globalisation

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  • Prados de la Escosura, Leandro

    (Universidad Carlos III, CEPR, and CAGE)

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 democratization thereafter. This result compares favourably with the growing income gap. Economic growth and human development do not always go hand-in-hand.

Suggested Citation

  • Prados de la Escosura, Leandro, 2019. "Human Development in the Age of Globalisation," CAGE Online Working Paper Series 421, Competitive Advantage in the Global Economy (CAGE).
    • Handle: RePEc:cge:wacage:421
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    File URL: https://warwick.ac.uk/fac/soc/economics/research/centres/cage/manage/publications/421-2019_leandro_prados_de_la_escosura.pdf
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    2. Stanislav Holubec & Béla Tomka, 2023. "Human Development Index: Changes in East Central Europe, 1913-2010," Politická ekonomie, Prague University of Economics and Business, vol. 2023(2), pages 130-152.

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    More about this item

    Keywords

    Human Development; Well-being; Capabilities; Life Expectancy; Health Transition; Schooling; Income; Liberal Democracy. JEL Classification: I00; N30; O15;
    All these keywords.

    JEL classification:

    • I00 - Health, Education, and Welfare - - General - - - General
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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