Description
The very quality and sustainability of growth, eventually, depends on the human development and vice-versa. There is, no doubt, that the causal relationship between growth and human development needs to be viewed in this spectrum. The daunting challenge of poverty and inequality and the human development may not be addressed only with growth, though growth is a pre-requisite to it. The two-pronged policy recommendation would then be to strengthen the redistributive mechanism and empower the people with quality education and health.
Economic growth and human development in South Asia: Experiences of selected countries
The very quality and sustainability of growth, eventually, depends on the human development and vice-versa. There is, no doubt, that the causal relationship between growth and human development needs to be viewed in this spectrum. The daunting challenge of poverty and inequality and the human development may not be addressed only with growth, though growth is a pre-requisite to it. The two-pronged policy recommendation would then be to strengthen the redistributive mechanism and empower the people with quality education and health.