INVESTMENT, POVERTY AND DEVELOPMENT IN ASIA-PACIFIC COUNTRIES: ECONOMETRIC MODELS AND EVOLUTION, 2000-2010

Maria-Carmen Guisan and Pilar Exposito ()

Applied Econometrics and International Development, 2012, vol. 12, issue 1

Abstract: To achieve the United Nations MDGs (Millennium Development Goals) in less developed Asian countries it is required to increase international cooperation to reach higher educational level of population and investment per head. In this article we analyze the evolution of economic development and poverty count in 30 countries of Asia and Pacific, and estimated the positive effect of education and investment on development. Poverty count is very high in several Asian countries and we recommend international cooperation to eradicate poverty and increase investment and development. International cooperation to development should have into account that trade deficits should be sustainable and economic policies should avoid financial crisis, both in developing and developed countries, derived from strong and unsustainable trade balances.

Keywords: Poverty eradication; Asian countries; Asia-Pacific; Econometric models of International Development; Investment and Savings; Education and Development; Millennium Development Goals (search for similar items in EconPapers)
JEL-codes: E2 I2 O1 O5 O53 O56 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (4)

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