Impacts of globalization on quality of life: evidence from developing countries

Jeet Sapkota ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper evaluates the impacts of globalization on quality of life, particularly on human development, gender development and human poverty in developing countries. Applying the fixed effect model to the annual panel data of 124 developing countries covering nine years from 1997, it shows that globalization (in terms of its comprehensive indexes and key elements) not only promotes human and gender development, but also significantly reduces human poverty. Not surprisingly, all the three aspects of globalization (economic, social and political) contribute to the overall effect of globalization. In general, the results from the key elements of globalization are consistent with the results from the comprehensive indexes. However, it is also observed that political and social globalization, FDI, and international migration were insignificant to gender-related development. Thus, further research is suggested for appropriate policy recommendations to make these variables significant on promoting gender aspects of development.

Keywords: Globalization; human development; gender development; human poverty; developing countries (search for similar items in EconPapers)
JEL-codes: F15 F21 F22 F24 F43 I31 (search for similar items in EconPapers)
Date: 2011-05-11
New Economics Papers: this item is included in nep-hap
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Citations: View citations in EconPapers (5)

Published in Global Institute for Asian Regional Integration (GIARI) 2011-E-1.Workin(2011): pp. 1-28

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:37506

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