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Balancing Human Development With Economic Growth: A Study Of ASEAN 5

Swaha Shome () and Sarika Tondon ()
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Swaha Shome: IBS Mumbai, India
Sarika Tondon: IBS Mumbai, India

Annals of the University of Petrosani, Economics, 2010, vol. 10, issue 1, 335-348

Abstract: Economic growth as measured by the GDP of an economy should eventually lead to economic development and better quality of life for its citizens. In many developing countries however, the ranking according to GDP does not match its ranking according to indicators of economic development. This article explores this issue in the ASEAN 5 economies and draws divergent results for the five economies.

Keywords: ASEAN 5; GDP; HDI; Life Expectancy; Education Index; Correlation (search for similar items in EconPapers)
JEL-codes: O40 O47 (search for similar items in EconPapers)
Date: 2010
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