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Article: An analysis of causal flow between social development and economic growth: the social developement index.
- Article from:
- The American Journal of Economics and Sociology
- Article date:
- July 1, 1996
- Author:
CopyrightCOPYRIGHT 1996 Blackwell Publishers Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Literature on Causality
Most of the developing countries emphasize social well-being of the masses nowadays. Consequently, the problem faced by their policy makers is to increase the social benefit of the masses without hindering the economic growth of the country. This raises the question whether a country should try to improve social development, as it is measured by social indicators, or concentrate solely on economic growth and leave the question of basic needs of the public to take care of themselves.
The literature on development economics evidences that the research on the relationship between social development and economic growth has ...