This paper explores the links between economic growth and human development, identifying two chains, one from economic growth to human development, the other from human development to economic growth. The importance of various links in each chain are explored empirically with the help of...

This study explored the linkage between financial development, human resources, and economic growth in a group of twenty-five transition countries during the period 1995-2019. The author applied a range of estimations such as Ordinary Least Squares (OLS), fixed effects model, and two-step GMM...

This study investigated the impact of infrastructure and human capital development on economic growth in transitional economies. It also explored whether the interaction between infrastructural and human capital development enhanced economic growth in the transitional economies. Although the...

One of the main tasks of the transition economies is to catch up with the advanced levels of highly developed economies. The lack of social capital is a major impediment to this process, as it does not allow taking dvantage of the comparatively high level of human capital in these ountries. The...

This study investigates direct and indirect linkages between financial development and inclusive human development in data panels for African countries. It employs a battery of estimation techniques, notably: Two-Stage Least Squares, Fixed Effects, Generalized Method of Moments and Tobit...

Human development, in combination with technology, yields economic growth which, in turn, is necessary to generate further advances in human development. This paper focuses on the first channel above and finds the relationship significant. Secondly, the paper tries to investigate what affects...