 Standards of living, human development indices and structural adjustments in developing countries: an empirical investigationJournal of International Development, 1998, vol. 10, issue 6, 751-775 Abstract: This paper attempts to examine whether the structural adjustment programmes of the World Bank have improved the standards of living and human development indices in the treated countries. It appears that while during the adjustment period the average real per capita income has grown faster in these countries this has not been the pattern for the indicators of standards of living. Although there exists a relationship between the human development indices and income for countries considered, the income elasticity of the non-income components of the human development indices examined here are very low for the countries which have benefited for a longer period from the structural adjustment loans and similarly for the non-treated countries. It seems that the physical standards of living examined here, though depending on per capita income, were relatively more influenced by other factors. In conclusion the validity of a high concentration of adjustment programmes on income growth as the main target is questioned. © 1998 John Wiley & Sons, Ltd. Date: 1998 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:10:y:1998:i:6:p:751-775 DOI: 10.1002/(SICI)1099-1328(1998090)10:6<751::AID-JID516>3.0.CO;2-8 Access Statistics for this article Journal of International Development is currently edited by Paul Mosley and Hazel Johnson More articles in Journal of International Development from John Wiley & Sons, Ltd. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.