An Empirical Analysis of the Relationship between Human Development and Quasi-Public Goods
Donald Richards ()
Review of Radical Political Economics, 2000, vol. 32, issue 3, 417-427
Abstract:
This paper empirically examines the proposition that levels of social welfare are related to a country's ability to provide itself with quasi-public goods. It also argues that less developed countries in recent years have been forced to reduce public spending on such goods as a result of the need to service external debt obligations. The result for these countries then is a reduction in broad-based social welfare.
Keywords: Quasi-public goods; Social welfare; International debt (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:32:y:2000:i:3:p:417-427
DOI: 10.1177/048661340003200307
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