Globalization: Some Controversies and Its Humanization
Journal of World Economic Research
Volume 4, Issue 5-1, September 2015, Pages: 20-26
Received: Jun. 30, 2015; Accepted: Jul. 2, 2015; Published: Aug. 13, 2015
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Authors
Matiur Rahman, Finance, McNeese State University, Lake Charles, LA
Prashanta K. Banerjee, Finance and Banking, Bangladesh Institute of Bank Management, Dhaka, Bangladesh
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Abstract
This paper studies the issue of interactive reinforcements among per capita real GDP, literacy rate and life expectancy invoking pooled OLS. Annual data from 2000 through 2013 are employed for selected twenty Asian countries. The results reveal strong interactions among the above three variables underscoring the importance of human capital and longer longevity of people in enhancing economic well-being. Polices towards improving them will put a human face on globalization
Keywords
Globalization, Per Capita Real GDP, Literacy Rate, Life Expectancy, Pooled OLS
To cite this article
Matiur Rahman, Prashanta K. Banerjee, Globalization: Some Controversies and Its Humanization, Journal of World Economic Research. Special Issue: The Globalization and Economic Structure Changes. Vol. 4, No. 5-1, 2015, pp. 20-26. doi: 10.11648/j.jwer.s.2015040501.13
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