Economic Growth in Developing Contries.

DFG


Principal Investigator


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Project Details

Start date: 01/12/2011

End date: 31/12/2014


Abstract


New research proves the long held expectation that human 


capital formation (a population’s education and health status) 


plays a significant role in a country’s economic development. 


Better education leads not only to higher individual income but is 


also a necessary (although not always sufficient) precondition for 


long-term economic growth.


Despite an abundance of cross-section, panel, and event studies, there is strikingly little convincing documentation of direct positive impacts of financial opening on the economic welfare levels or growth rates of developing countries. 


Keywords

Economics


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Last updated on 2015-06-03 at 12:19