Human Development in Crisis: Insights from the Literature, Emerging Accounts from the Field, and the Correlates of Growth Accelerations and Decelerations

Is a dramatic slowdown in global economic growth going to erase much of the progress in the last decade in terms of human development in the developing world‘ How might the crisis affect progress towards achieving the Millennium Development Goals‘ To address these questions, this paper contributes i...

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Main Authors: Conceicao, Pedro, Kim, Namsuk, Zhang, Yanchun, Mendoza, Ronald U
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Published: Archīum Ateneo 2010
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Online Access:https://archium.ateneo.edu/asog-pubs/146
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1586525
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spelling ph-ateneo-arc.asog-pubs-11452020-07-20T08:29:52Z Human Development in Crisis: Insights from the Literature, Emerging Accounts from the Field, and the Correlates of Growth Accelerations and Decelerations Conceicao, Pedro Kim, Namsuk Zhang, Yanchun Mendoza, Ronald U Is a dramatic slowdown in global economic growth going to erase much of the progress in the last decade in terms of human development in the developing world‘ How might the crisis affect progress towards achieving the Millennium Development Goals‘ To address these questions, this paper contributes in three ways. First, it briefly reviews the empirical literature and outlines the possible transmission of the crisis from the broader global economy to the national economy, and eventually to households, children and women. Second, it summarizes some of the emerging accounts from the field based on reports and interviews of poor people, suggesting that households - and in particular children and women - face severe strain as the crisis has begun to unfold. A third contribution is an empirical analysis of the historical relationship between episodes of growth accelerations and decelerations with country level aggregate indicators of human development (e.g. life expectancy, infant and under-5 mortality and school enrollment), using data covering the period between 1980 and 2006. This paper argues that if the current economic crisis deteriorates into a severe growth deceleration episode, and if its adverse effects are not contra veiled by an adequate policy response, the accumulated evidence suggests that the crisis could begin to erode human development gains and that the achievement of the MDGs by 2015 is likely to be undermined. 2010-04-10T07:00:00Z text https://archium.ateneo.edu/asog-pubs/146 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1586525 Ateneo School of Government Faculty Publications Archīum Ateneo aggregate shocks financial crisis human development Millennium Development Goals Economics International Economics
institution Ateneo De Manila University
building Ateneo De Manila University Library
country Philippines
collection archium.Ateneo Institutional Repository
topic aggregate shocks
financial crisis
human development
Millennium Development Goals
Economics
International Economics
spellingShingle aggregate shocks
financial crisis
human development
Millennium Development Goals
Economics
International Economics
Conceicao, Pedro
Kim, Namsuk
Zhang, Yanchun
Mendoza, Ronald U
Human Development in Crisis: Insights from the Literature, Emerging Accounts from the Field, and the Correlates of Growth Accelerations and Decelerations
description Is a dramatic slowdown in global economic growth going to erase much of the progress in the last decade in terms of human development in the developing world‘ How might the crisis affect progress towards achieving the Millennium Development Goals‘ To address these questions, this paper contributes in three ways. First, it briefly reviews the empirical literature and outlines the possible transmission of the crisis from the broader global economy to the national economy, and eventually to households, children and women. Second, it summarizes some of the emerging accounts from the field based on reports and interviews of poor people, suggesting that households - and in particular children and women - face severe strain as the crisis has begun to unfold. A third contribution is an empirical analysis of the historical relationship between episodes of growth accelerations and decelerations with country level aggregate indicators of human development (e.g. life expectancy, infant and under-5 mortality and school enrollment), using data covering the period between 1980 and 2006. This paper argues that if the current economic crisis deteriorates into a severe growth deceleration episode, and if its adverse effects are not contra veiled by an adequate policy response, the accumulated evidence suggests that the crisis could begin to erode human development gains and that the achievement of the MDGs by 2015 is likely to be undermined.
format text
author Conceicao, Pedro
Kim, Namsuk
Zhang, Yanchun
Mendoza, Ronald U
author_facet Conceicao, Pedro
Kim, Namsuk
Zhang, Yanchun
Mendoza, Ronald U
author_sort Conceicao, Pedro
title Human Development in Crisis: Insights from the Literature, Emerging Accounts from the Field, and the Correlates of Growth Accelerations and Decelerations
title_short Human Development in Crisis: Insights from the Literature, Emerging Accounts from the Field, and the Correlates of Growth Accelerations and Decelerations
title_full Human Development in Crisis: Insights from the Literature, Emerging Accounts from the Field, and the Correlates of Growth Accelerations and Decelerations
title_fullStr Human Development in Crisis: Insights from the Literature, Emerging Accounts from the Field, and the Correlates of Growth Accelerations and Decelerations
title_full_unstemmed Human Development in Crisis: Insights from the Literature, Emerging Accounts from the Field, and the Correlates of Growth Accelerations and Decelerations
title_sort human development in crisis: insights from the literature, emerging accounts from the field, and the correlates of growth accelerations and decelerations
publisher Archīum Ateneo
publishDate 2010
url https://archium.ateneo.edu/asog-pubs/146
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1586525
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