IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxxivy2024i2p286-295.html
   My bibliography  Save this article

Can The Fragility of States Influence The Relationship Between Economic and Human Development?

Author

Listed:
  • Adela Socol

    (“1st of December 1918” University of Alba Iulia, Romania)

  • Dorina Elena Virdea

    (“1st of December 1918” University of Alba Iulia, Doctoral School in Accounting, Romania)

Abstract

The institutional governance of countries is a subject intensely explored in recent literature, particularly regarding the influence that governance exerts on economic and social equilibrium. This study investigates the influence that the fragility of nation states has on the link between human and economic development of 129 states, between 2008 to 2022. Basic regression techniques and static panel methods are used (Pooled OLS, Robust regression, Fixed and random effects, Panel-corrected standard errors regression, Prais-Winsten regression) and the Fragile State Index captures the states fragility in terms of social, economic and social challenges. Empirical findings indicate that the more fragile the states, the lower the level of human development, while economic prosperity and government spending lead to improved human development. This study is helpful for policymakers and government authorities to whom it presents evidence of the importance of reducing the fragility of countries, as a premise for human and economic development.

Suggested Citation

  • Adela Socol & Dorina Elena Virdea, 2024. "Can The Fragility of States Influence The Relationship Between Economic and Human Development?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 286-295, December.
    • Handle: RePEc:ovi:oviste:v:xxiv:y:2024:i:2:p:286-295
    as

    Download full text from publisher

    File URL: https://stec.univ-ovidius.ro/html/anale/RO/2024i2/Section%203/22.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    governance; state fragility; economic growth; human development; government expenditure;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xxiv:y:2024:i:2:p:286-295. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.