Successful Transition towards a Virtuous Cycle of Human Development and Economic Growth: Country Studies
Gustav Ranis () and
Frances Stewart ()
Additional contact information Gustav Ranis: Economic Growth Center, Yale University
Frances Stewart: Oxford University
Abstract:
This paper explores the two-way links between Economic Growth and Human Development by examining the performance of some countries which have been successful in both dimensions and a few which have not. The specific aim is to examine the historical experience of six countries in order to determine how a system can move to a situation in which improvements in Human Development accompany and support higher rates of growth which, in turn, contribute to further improvements in Human Development as the basic societal objective.