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Social development is economic development

Author

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  • Birdsall, Nancy

Abstract

The author makes four main points in this paper: (1) social development, in addition to improving human welfare directly, is an excellent investment. The hard-nosed economic fact is that it contributes to economic growth. Even a narrow interest in growth for growth's sake dictates putting your money into social development programs; (2) however, investing in social development does not guarantee growth all by itself, so those concerned with social progress cannot absent themselves from the larger debate about other aspects of economic policy in their countries; (3) moreover, making social programs work is not simple -- not politically, not technically, and not administratively; (4) still, we know from the experience of some of the poorest countries that it can be done.

Suggested Citation

  • Birdsall, Nancy, 1993. "Social development is economic development," Policy Research Working Paper Series 1123, The World Bank.
    • Handle: RePEc:wbk:wbrwps:1123
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    Citations

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    Cited by:

    1. Ewa, Lechman, 2012. "Social development – a multidimensional approach to social development analysis. Country level evidence for year 2011," MPRA Paper 41812, University Library of Munich, Germany.
    2. Gustav RANIS & Frances STEWART, 2001. "Growth And Human Development: Comparative Latin American Experience," The Developing Economies, Institute of Developing Economies, vol. 39(4), pages 333-365, December.
    3. Gruber, Lloyd & Kosack, Stephen, 2014. "The tertiary tilt: education and inequality in the developing world," LSE Research Online Documents on Economics 54202, London School of Economics and Political Science, LSE Library.
    4. Ranis, Gustav & Stewart, Frances & Ramirez, Alejandro, 2000. "Economic Growth and Human Development," World Development, Elsevier, vol. 28(2), pages 197-219, February.
    5. Gruber, Lloyd & Kosack, Stephen, 2014. "The Tertiary Tilt: Education and Inequality in the Developing World," World Development, Elsevier, vol. 54(C), pages 253-272.
    6. Ozturk, Ilhan, 2001. "The role of education in economic development: a theoretical perspective," MPRA Paper 9023, University Library of Munich, Germany.
    7. Gustav Ranis & Frances Stewart, 2000. "Strategies for Success in Human Development," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 1(1), pages 49-69.
    8. Alejandro Ramirez & Gustav Ranis, 1997. "Economic Growth and Human Development," Working Papers 787, Economic Growth Center, Yale University.
    9. repec:gdk:wpaper:2 is not listed on IDEAS
    10. Sudhir Anand and Amartya Sen, 1994. "Sustainable Human Development: Concepts and Priorities," Human Development Occasional Papers (1992-2007) HDOCPA-1994-03, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).
    11. Alan Rew & Shahzad Khan, 2006. "The Moral Setting for Governance in Keonjhar: The Cultural Framing of Public Episodes and Development Processes in Northern Orissa, India," Oxford Development Studies, Taylor & Francis Journals, vol. 34(1), pages 99-115.
    12. Anand, Sudhir & Sen, Amartya, 2000. "Human Development and Economic Sustainability," World Development, Elsevier, vol. 28(12), pages 2029-2049, December.
    13. Tran, Nguyen Van & Alauddin, Mohammad & Tran, Quyet Van, 2019. "Labour quality and benefits reaped from global economic integration: An application of dynamic panel SGMM estimators," Economic Analysis and Policy, Elsevier, vol. 63(C), pages 92-106.
    14. Dumitriu, Ramona & Stefanescu, Răzvan, 2015. "Economic development of Comecon countries," MPRA Paper 89012, University Library of Munich, Germany, revised 05 Jan 2016.
    15. Gustav Ranis, 2000. "Strategies for Success in Human Development," Working Papers 808, Economic Growth Center, Yale University.

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