Overview: Economic Crises and Human Development

Pedro Conceição, Namsuk Kim () and Yanchun Zhang
Additional contact information
Pedro Conceição: United Nations Development Programme
Yanchun Zhang: United Nations Development Programme

Estudios Económicos, 2010, vol. 25, issue 1, 37-62

Abstract: In order to better understand the potential impact of the current global economic crisis on human development, we explore how human development indicators have been affected in past economic shocks. The literature on the human development impacts of short-term economic fluctuations suggest some stylized facts. First, there exists an asymmetry between rich and poor countries in terms of the magnitude of impacts of economic crises: Health and education outcomes in rich countries often improve during economic crises, while they deteriorate in poor countries. Second, economic expansions have less significant effects than economic contractions: the recovery in human development indicators is not as rapid and steep (if it occurs at all) as the deterioration that occurred during the economic downturn.

Keywords: human development; economic crisis; developing countries Classification- JEL: O11.O15; O47 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/118/120 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:emx:esteco:v:25:y:2010:i:1:p:37-62

Access Statistics for this article

More articles in Estudios Económicos from El Colegio de México, Centro de Estudios Económicos Contact information at EDIRC.
Bibliographic data for series maintained by Ximena Varela ().