Investment, poverty and development in asia-pacific countrieseconometric models and evolution, 2000-2010

  1. GUISAN, Maria-Carmen 1
  2. EXPOSITO, Pilar 1
  1. 1 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

Journal:
Applied econometrics and international development

ISSN: 1578-4487

Year of publication: 2012

Volume: 12

Issue: 1

Pages: 156-168

Type: Article

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More publications in: Applied econometrics and international development

Abstract

To achieve the United Nations MDGs (Millennium Development Goals) in less developed Asian countries it is required to increase international cooperation to reach higher educational level of population and investment per head. In this article we analyze the evolution of economic development and poverty count in 30 countries of Asia and Pacific, and estimated the positive effect of education and investment on development. Poverty count is very high in several Asian countries and we recommend international cooperation to eradicate poverty and increase investment and development. International cooperation to development should have into account that trade deficits should be sustainable and economic policies should avoid financial crisis, both in developing and developed countries, derived from strong and unsustainable trade balances.

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