Structural adjustment, governance, economic growth and social progress
This paper analyses the interconnection between social achievement, structural adjustment, governance and economic performance. It does this by developing indices to measure social progress, measured by achievement of the Millennium Development Goals, and structural adjustment, measured by achieving the goals specified in the Washington consensus. These indices are constructed using the technique pioneered by Nagar & Basu, which uses the information contained in the correlation among the different indicators. Governance is measured by an index developed by the World Bank, and economic performance by growth of per capital income. Economic growth is not correlated with social progress, structural adjustment or governance. However, structural adjustment is not inimical to social progress. Furthermore, while the governance index is not correlated with growth of per capita income it is very highly correlated with social progress.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 15 (2006)
Issue (Month): 3 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RJTE20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RJTE20|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Hicks, Norman & Streeten, Paul, 1979. "Indicators of development: The search for a basic needs yardstick," World Development, Elsevier, vol. 7(6), pages 567-580, June.
When requesting a correction, please mention this item's handle: RePEc:taf:jitecd:v:15:y:2006:i:3:p:387-401. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If references are entirely missing, you can add them using this form.