Economic and Social Determinants of Human Development: A New Perspective

Amate-Fortes, Ignacio; Guarnido-Rueda, Almudena; Molina-Morales, Agustín

doi:10.1007/s11205-016-1389-z

Cited by 15 publications

(17 citation statements)

References 107 publications

(118 reference statements)

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“…Regarding the level of human development, our results suggest that the higher the level of human development, the lower the income inequality. These results are consistent with others found in related literature (Ortega et al, 2016;Larionova & Variamova, 2015) and contribute to complement other works (Amate-Fortes et al, 2017). Also, by controlling for it in our estimations, it allows us to know that the relationship between financial knowledge and income inequality is not conditioned by differences in human development between the different countries in the sample.…”

Section: Resultssupporting

confidence: 93%

Is Income Inequality Influenced by Financial Knowledge? A Macroeconomic and Longitudinal Analysis

et al. 2021

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Our objective is to analyze whether financial knowledge influences income inequality. For this purpose, we resort to a new index of financial knowledge that differs from the existing ones in that it is both longitudinal and macroeconomic. We use this index as one of the explanatory variables of the Net Gini Index in our panel data estimations. Based on a sample of 63 countries over the period 2008–2014, our results allow us to conclude that financial knowledge is related to income inequality and that, moreover, this relationship is non-linear. Thus, increases in financial knowledge could reduce income inequality when starting from relatively low levels of such knowledge. However, at a certain threshold, the income redistributive effect of financial knowledge could disappear or even reverse. Even so, national strategies for financial education could be useful to achieve economic equity in those countries where financial knowledge levels are low. In addition, we shed light on the effect that other variables (such as institutional quality or under-education) have on income inequality.

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Section: Resultssupporting

confidence: 93%

Is Income Inequality Influenced by Financial Knowledge? A Macroeconomic and Longitudinal Analysis

et al. 2021

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“…This negative sign, implies that lower levels of corruption are associated with higher levels of human development. These results agree with the United Nations Human Settlements Program, which says that, in general, higher levels of human development are related with lower levels of corruption (Mendonça & Fonseca, 2012) and the results of this study also support the findings of Amate-Fortes et al (2015) and Amate-Fortes, Guarnido-Rueda, and Molina-Morales (2017) showing that corruption negatively affects human development.…”

Section: Ardl Bounds Testsupporting

confidence: 91%

“…Since corruption has adverse consequences on economic growth and human development, governments should pursue policies to fight corruption. This will positively affect people's standard of living as it will lead to quality education, efficient health facilities and good resource management (Amate-Fortes et al, 2015;Amate-Fortes et al, 2017;Iskandar & Saragih, 2018).…”

Section: Conclusion and Policy Implicationsmentioning

confidence: 99%

The Impact of Corruption on Human Development in Egypt

Emara

2020

Asian Economic and Financial Review

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The objective of this study is to investigate the impact of corruption on human development in Egypt, both in the short and long run, for the period from 1995 to 2018 using the Autoregressive Distributed Lag Model (ARDL). There is a broad amount of the literature that examines the effects of corruption on economic development, but less of the literature, especially empirical, focuses on corruption's effect on human development. Some studies investigate its influences on poverty, others examine those influences on education and/or health but this study assesses its impact on human development expressed by the Human Development Index with its three dimensions. This study contributes to the literature on investigating the determining factors of human development by adding corruption as one of the institutional variables influencing human development besides economic factors. The empirical analysis shows that corruption has a negative and significant effect on human development in both the short and long run, meaning that increased corruption weakens human development. As for GDP per capita, it has a significant and positive effect on human development in both the short and long run. While the government expenditure's effect is insignificant in the short run, it becomes significantly positive in the long run. With regard to urbanization, it affects human development negatively in the short run, and its effect becomes positive -but insignificant-in the long run. The study concludes that policymakers can combat corruption by focusing on causes not on effects.Contribution/ Originality: This study contributes to the existing empirical literature which investigates the effects of corruption, by focusing on corruption's impact on human development (HDI with its three dimensions) in Egypt. It also contributes to the literature by adding corruption as one of the institutional variables influencing human development besides economic factors.

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“…Several studies have examined the negative effects of income inequality on human development including different dimensions of development such as education or health (Castells-Quintana et al, 2019;Easterly, 2007;Barro, 2000). Amate-Fortes et al (2017) show that the provision of basic infrastructure can have a positive effect on human development. We use the availability of fixed telephone subscriptions as proxy for infrastructure.…”

Section: Methodology 41 Sample and Datamentioning

confidence: 99%

“…The pernicious effects of state fragility are deeply felt in education (poor schools, lack of good facilities, teaching materials, classroom resources) that does not promote good learning, heath care (inadequate and unsafe treatment) that reduces life expectancy and gender inequality and discrimination in all areas of life that perpetuate poverty and inequality. The state's inability to provide security and important public services also has an adverse effect on economic growth and individual incomes (Cole, 2003;Amate-Fortes et al, 2017).…”

Section: State Fragility and Human Developmentmentioning

confidence: 99%

State fragility and human development: a study with special emphasis on social cohesion

Seyoum

2020

IJSE

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PurposeThe purpose of this paper is to examine the effect of state fragility on select indicators of human development and identify aspects of state fragility that have the greatest impact on poverty reduction and sustainable development. The paper also explores the impact of social cohesion on human development as well as the mediating role of state legitimacy in mediating the relationship between social cohesion and human development.Design/methodology/approachThe study is based on data from 180 countries and uses ordinary least squares regression and mediation analysis to explore the effects of social cohesion on human development.FindingsThe findings show a significant relationship between state fragility and human development. It suggests that policies and efforts aimed at enhancing social cohesion would have the most significant impact on human development. The findings also show that social cohesion not only has a direct effect on human development but it also has an indirect effect on human development through state legitimacy (mediator).Practical implicationsEven though state fragility has been largely associated with low income countries, different facets of fragility are manifested in various countries regardless of levels of economic development.Originality/valueThe study is timely in view of the evidence of increasing state fragility in many countries. Furthermore, this is the first scholarly work linking lack of social cohesion, state fragility and human development.

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Economic and Social Determinants of Human Development: A New Perspective

Cited by 15 publications

References 107 publications

Is Income Inequality Influenced by Financial Knowledge? A Macroeconomic and Longitudinal Analysis

Is Income Inequality Influenced by Financial Knowledge? A Macroeconomic and Longitudinal Analysis

The Impact of Corruption on Human Development in Egypt

State fragility and human development: a study with special emphasis on social cohesion

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