文章基本信息

标题：Human Development and Economic Uncertainties: Exploring Another Dimension of Development
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作者：Jamshed Y. Uppal ; Syeda Rabab Mudakkar
期刊名称：The Lahore Journal of Economics
印刷版ISSN：1811-5438
电子版ISSN：1811-5446
出版年度：2013
卷号：18
期号：SE
页码：305-334
出版社：Lahore School of Economics
摘要：This study makes the case that economic uncertainties—i.e., the extent to which economies face systemic uncertainties—need to be considered another dimension of human development because they render development vulnerable, diminish social welfare, and constrain human capabilities. We propose a methodology for adjusting the human development index (HDI) for economic uncertainties, using the time variability of income changes as a proxy. We construct an adjusted index associated with the income component for the 2011 HDI. Our analysis indicates that such an index contains additional information. The percentage loss in the income component of the HDI seems to reflect the variability in economic indicators arising from the political and economic tribulations experienced by each country. In Pakistan’s case, the results of a timeseries analysis of the percentage loss from the uncertainty adjustment appear to closely trace the country’s political and economic upheavals.
关键词：Human development index; capabilities; human development;economic growth; economic vulnerability; uncertainty; risk.