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Correlations Between Human Development And Economic Growth

Author

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  • NEAMTU DANIELA-MIHAELA

    (FACULTY OF ECONOMICS AND PUBLIC ADMINISTRATION, STEFAN CEL MARE UNIVERSITY OF SUCEAVA, SUCEAVA, ROMANIA)

  • CIOBANU OANA-GEORGIANA

    (FACULTY OF ECONOMICS AND PUBLIC ADMINISTRATION, STEFAN CEL MARE UNIVERSITY OF SUCEAVA, SUCEAVA, ROMANIA)

Abstract

The development is a preamble of the improvement of the quality of life and includes both materials such as infrastructure, housing quality and living standards in general, but also spiritual elements such as education, freedom of expression and cultural manifestation.An important feature of human development reveals the fact that socioeconomic development is performed by people and, therefore, must be created and perfected human potential based on investment in man, namely in the field of education, education and culture, vocational training and health. Their active involvement in the development process is the key to success. Using the documentation and literature review identifies key factors of assessing the present situation of scientific research and European practice. The purpose of this paper is highlighting the existence of correlations between human development and economic growth from a theoretical point of view. The work Is structured as follows: in Section 1, is presented the stage of knowledge of theme proposed for the research, in section 2, we present some theories concerning economic growth; in Section 3, we discuss about the connection between economic growth and human development by using the HDI , and , finally, Section 4 contains the main conclusions of the paper.

Suggested Citation

  • Neamtu Daniela-Mihaela & Ciobanu Oana-Georgiana, 2015. "Correlations Between Human Development And Economic Growth," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 118-122, January.
    • Handle: RePEc:cbu:jrnlec:y:2015:v:1i:p:118-122
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    References listed on IDEAS

    as
    1. Gustav Ranis & Frances Stewart, 2005. "Dynamic Links between the Economy and Human Development," Working Papers 8, United Nations, Department of Economics and Social Affairs.
    2. Ranis, Gustav, 2004. "Human Development and Economic Growth," Center Discussion Papers 28375, Yale University, Economic Growth Center.
    3. Ranis, Gustav & Stewart, Frances & Ramirez, Alejandro, 2000. "Economic Growth and Human Development," World Development, Elsevier, vol. 28(2), pages 197-219, February.
    4. Gustav Ranis, 2004. "Human Development and Economic Growth," Working Papers 887, Economic Growth Center, Yale University.
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