Description
New Century Publications Human Development and Economic Growth by Gurinder J S Bhullar
Human development plays a pivotal role in the process of economic development. A country's potential to grow is dependent not only on physical resources but also on human resources. Human capital formation is both qualitative and quantitative in the sense that it involves attainment of the skills, education and experience as well as enhancing the number of individuals who possess these qualities. Modern concept of development is much more than the increase in income and output. Rather, it is a multi-dimensional process which involves the reorganization and reorientation of the whole economic and social system. It not only involves radical changes in institutional, social and administrative structures, but also in popular attitudes, customs and beliefs. Economic development in modern times is understood, inter alia, in terms of reduction of poverty, inequality and unemployment in a growing economy. Human capital formation, thus, is central to any development strategy. The present volume contains a comprehensive study on the inter-relationship between human development and economic growth, covering almost all the countries of the world categorized into developing countries, high income countries, upper middle income countries, lower middle income countries, low income countries and all countries taken together. About the Author:- Dr. Gurinder Jit Singh Bhullar is presently Head of the post-graduate Department of Economics at Guru Nanak College, Moga (Punjab). He obtained M.A and Ph.D degrees in economics from Guru Nanak Dev University, Amritsar. With 12 years of teaching and research experience, he has to his credit a number of research papers published in reputed national and international journals. His areas of research interest include human resource, gender discrimination and development economics. Besides economics, Dr. Gurinder has also authored a book titled Sewa Te Simran, based on Sikh principles of service and sacrifice.