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Quality of Life and Globalization: Evidence from Islamic Countries

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  • Muhammad Tariq Majeed

    (Quaid-i-Azam University)

Abstract

This study analyzes the relationship between three dimensions (economic, social, and political) of globalization and quality of life using a panel of 44 Islamic countries from 1970 to 2010. Using different estimation techniques, we find that overall globalization has a robust positive effect on quality of life, even when controlling for income, dependency ratio, literacy, number of physicians, and other factors. Nevertheless, the results do not hold for all forms of globalization. Economic and political forms of globalization tend to improve quality of life. In contrast, social globalization does not improve quality of life.

Suggested Citation

  • Muhammad Tariq Majeed, 2018. "Quality of Life and Globalization: Evidence from Islamic Countries," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 13(3), pages 709-725, September.
    • Handle: RePEc:spr:ariqol:v:13:y:2018:i:3:d:10.1007_s11482-017-9554-3
    DOI: 10.1007/s11482-017-9554-3
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    Cited by:

    1. Ziroat Mirziyoyeva & Raufhon Salahodjaev, 2022. "Women’s Parliamentary Representation and Sustainable Development Goals: a Cross-Country Evidence," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 17(2), pages 871-883, April.
    2. Muhammad Tariq MAJEED*, 2019. "REAL WELLBEING OF THE UMMAH AND ECONOMIC PERFORMANCE: Islamic Perspectives and Empirical Evidence," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 29(1), pages 1-31.
    3. Md. Sabbir Hossain & Md. Golam Kibria & Md. Shafiqul Islam, 2018. "Does Globalization Affect the Economic Growth of Bangladesh? - An Econometric Analysis," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 8(12), pages 1384-1393, December.

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    More about this item

    Keywords

    Globalization; Quality of life; Wellbeing; Islamic countries;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F15 - International Economics - - Trade - - - Economic Integration
    • P4 - Political Economy and Comparative Economic Systems - - Other Economic Systems

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