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Theory of Economic Development (Pyramids of Economic Development)

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  • mashkoor, Aasim
  • ahmed, Ovais

Abstract

The theory we have designed the idea of economic development which remain associated with main elements that consists of two main development area, firstly is Health and secondly, Education development. The main factor of this idea to provide Human development that enormously influence on economic development which resulted from different perspectives. Many researches explained by analysis of focus variables of economic growth which have relationship to lead the economic development. In addition, there are further economic factors are playing crucially related with economic growth. in this study, the hypothesis concern to seriously influence on private investments in economic factors which are, therefore mainly discussed in researches, human development, awareness of education, infrastructure of economic reforms, Trade and industrial expansions.

Suggested Citation

  • mashkoor, Aasim & ahmed, Ovais, 2015. "Theory of Economic Development (Pyramids of Economic Development)," MPRA Paper 63370, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:63370
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    References listed on IDEAS

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    1. Qaisar Abbas & James Foreman-Peck, 2008. "Human Capital and Economic Growth: Pakistan, 1960-2003," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 13(1), pages 1-27, Jan-Jun.
    2. Mr. Khaled Sakr, 1993. "Determinants of Private Investment in Pakistan," IMF Working Papers 1993/030, International Monetary Fund.
    3. Sagar, Ambuj D. & Najam, Adil, 1998. "The human development index: a critical review," Ecological Economics, Elsevier, vol. 25(3), pages 249-264, June.
    4. Abdul Rashid, 2006. "Public-Private Investment Linkage in Pakistan," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 7(2), pages 219-230, September.
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    More about this item

    Keywords

    Economic Development; Human Development;

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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