Effect of Economic Growth and Income
Distribution on Human Development:
An Empirical Analysis of Selected 17
Developing Countries
Introduction
The globalization experienced in the 20th century has a
different effect compared to previous centuries. This effect is
the uneven distribution of world income and the formation of
liberalization and liberalization flows. This effect of globalization
has further distorted unequal world income (Yeldan, 2011 s:51).
The liberalization of labor and capital markets around the
area has also facilitated the movement of production factors
in the globalization procedure.
Reducing logistics costs and spreading technology to other
regions to expand world trade are among the results of the
globalization. In the process of globalization, all countries in
the world contribute to this growth process. They assumed that
the globalization process will intensify the competition between
the production units of various countries and thus increase
the competition with the free market structure. In the last
twenty years, there has been a common belief that the world’s
economies have spread and the private sector the position of in
Introduction
The globalization experienced in the 20th century has a
different effect compared to previous centuries. This effect is
the uneven distribution of world income and the formation of
liberalization and liberalization flows. This effect of globalization
has further distorted unequal world income (Yeldan, 2011 s:51).
The liberalization of labor and capital markets around the
area has also facilitated the movement of production factors
in the globalization procedure.
Reducing logistics costs and spreading technology to other
regions to expand world trade are among the results of the
globalization. In the process of globalization, all countries in
the world contribute to this growth process. They assumed that
the globalization process will intensify the competition between
the production units of various countries and thus increase
the competition with the free market structure. In the last
twenty years, there has been a common belief that the world’s
economies have spread and the private sector the position of in
the market has increased, and that with the opening of many
countries, the world trade volume has expanded. We expect
that globalization will reduce inequality and be underdeveloped
between countries and increase human welfare by promoting
sustainability. We see that different results have been got in
many studies in the literature of human development on the
continuation, an increase in GDP or reduction of inequality
and poverty (Kumar De ve Pal, 2011).
