Sustanibility and Human Development,

Costantini, Valeria, and Salvatore Monni (2008). "Sustanibility and Human Development, " Economia Politica- Journal of Analytical and Institutional Economics Il Mulino XXV 1

The foundation of the Human Development (HD) paradigm provided by the United Nations Development Programme (UNDP) can be found in the capability approach developed by Amartya Sen. In recent few years, a further dimension has been considered inside the capability approach, and therefore in the definition of HD, that is the concept of Sustainable Development (SD). SD has represented one of the most important policy goals at the global level and how to design specific policy actions and measure performance and results continues to present a challenge. Within an integrated paradigm of Sustainable Human Development (SHD), there are many aspects to be taken account, such as the role of the globalization process, the effects related to the quality of institutions and the role of human capital accumulation. Furthermore, there are some scepticism about a full integrated measure of SHD, in contrast with a separated but integrated model for evaluation of goals and policy actions. Two different approaches seem to be the most appealing for this second integrated evaluation purpose. The effects of natural resources endowment on development are mainly analyzed through the so-called Resource Curse Hypothesis (RCH), while the effects of economic growth and development process on environmental quality are part of the so-famous Environmental Kuznets Curve (EKC). Furthermore, last contributes on RCH and EKC have shown the important role of institutions and HD dimensions in order to build a SD path. In this paper, our tentative is to give a description of all these phenomena, with specific emphasis on HD and SD dimensions, by using an empirical model which collects inputs both from RCH and EKC studies.
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