Economic growth has been known to foster human development for long term economic stability. The evidence of bi-causality in the human development and economic growth nexus is however limited. This paper builds on the reverse causality between human development and economic growth in context of Pakistan, with the moderating impact of political stability. The study applies OLS and VECM on the data collected from World Bank Database from year 2006 to 2018. Our findings exhibit empirical evidence related to endogenous growth models and a significant causal relationship between human development and economic growth, moderated by political stability. The relationship is further explained by trajectories of happiness, health and income redistribution. Our findings suggest efficient reallocation of resources towards human development to address post pandemic growth concerns.

The outbreak of the global pandemic and its global outreach has challenged and shocked the international community. It has paralyzed the nations through upending the mainstream social, political, and economic activities of nations. The Covid-19 related restriction further suspended the normal affairs of states under an international environment of a health emergency. The pandemic crisis has clearly communicated to the international community that the digital world has arrived because the dependency on information technology has raised the significance of hi-tech communication networks in the world. This global crisis has endangered international society and the nations are struggling against the Covid-19 viral disease. No doubt, the whole international system has gradually learned to survive in the health crisis and the leaders from around the world are thinking of resuming normalization, but the actual question linked to the global governance in the post-corona world is unanswered. This pandemic year has raised the need for a serious conversation on the future of global political order because the Covid-19 has undermined the conventional wisdom attached to the crisis management mechanism of states. In short, the heating debates of the post-corona international political environment have generated a process of de-globalization and the international community is approaching a new world based on new realities. Therefore, this study is an endeavor to estimate the probable future scenario which will become an undeniable reality in the post-corona world.

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