{"product_id":"dynamic-links-between-economic-prosperity-and-human-development-von-santanu-ray","title":"Dynamic Links between Economic Prosperity and Human Development","description":"\u003cp\u003eEconomic growth, in recent development paradigm,  has  been identified as necessary, but not sufficient  condition for the expansion of human capabilities.  Academic literature hypothesizes that there exists  a  two-way relationship between economic prosperity  and  human development. It is quite possible for the  absence of income growth to steadily erode  standards  of human development; and without human  development,  growth is not sustainable, offers only temporary  gains. Using disaggregated sub-national data over a  reasonably long period, this study examines the  relationship between economic performance and human  development in Indian sub-national context. Key  findings reveal that both chains of transformation  are operational. However, as the chain of  transformation from human development to economic  prosperity is comparatively strong than that of the  other this study recommends a policy which  emphasizes the promotion of both aspects of  development.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838383842\"\u003e\u003ch3\u003eA Long-Run Indian Perspective\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838383842","offer_id":39498965155933,"sku":"9783838383842","price":68.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/e010d34a-91c6-49dc-9c51-72fb9bbbc068.jpg?v=1776234135","url":"https:\/\/shop.autorenwelt.de\/products\/dynamic-links-between-economic-prosperity-and-human-development-von-santanu-ray","provider":"Autorenwelt Shop","version":"1.0","type":"link"}