volume 14, issue 172, P1 2014
DOI: 10.5089/9781498379274.001
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Montfort Mlachila, Rene Tapsoba, Sampawende Tapsoba

Abstract: This paper proposes a new quality of growth index (QGI) for developing countries. The index encompasses both the intrinsic nature and social dimensions of growth, and is computed for over 90 countries for the period 1990-2011. The approach is premised on the fact that not all growth is created equal in terms of social outcomes, and that it does matter how one reaches from one level of income to another for various theoretical and empirical reasons. The paper finds that the quality of growth has been improving …

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