The Essential Features of a Human Development Strategy
Keith Griffin and
Terry McKinley
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Keith Griffin: University of California
Terry McKinley: American University
Chapter 1 in Implementing a Human Development Strategy, 1994, pp 1-10 from Palgrave Macmillan
Abstract:
Abstract Human development is the ultimate objective of economic development. It is also a means — we shall argue, the best means available — for promoting development. Viewed as an end in itself rather than a means, human development is about enriching human lives. Material enrichment — producing a larger volume of goods and services — may contribute to this but it is not the same thing. Indeed it is by now widely understood that there is no one-to-one correspondence between material enrichment (measured, say, by gross national product per head) and the enrichment of human lives (measured, say, by the human development index). The human development approach thus implies the dethronement of national product as the primary indicator of the level of development.
Keywords: Human Capital; Human Development; Human Development Index; Physical Capital; Natural Capital (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23543-8_1
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DOI: 10.1007/978-1-349-23543-8_1
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