Affiliation:
1. Faculty of Economics, Development and Business Sciences, University of Mpumalanga, Mbombela 1200, South Africa
2. Department of Statistics and Population Studies, University of the Western Cape, Cape Town 7535, South Africa
Abstract
The Human Development Index is a useful measure of a country’s overall prosperity and standard of living (HDI). The Human Development Index (HDI) provides data on the social and economic progress of a nation by accounting for variables such as life expectancy, education attainment, and per capita income. This research delves into the intricate correlation of a nation’s historical background, policy framework, and advancements on the Human Development Index. The remarkable journey of South Africa, from apartheid to inclusive growth, is an important example. The study uses an average yearly growth rate to examine how changes in political ideologies, ongoing development initiatives, and historical contexts of inequality have shaped South Africa’s HDI trajectory. By examining crucial turning points and policy influences, the study aims to reveal the complex relationship of factors affecting human development results. Despite improvement, challenges like unemployment and poverty continue. The study stresses the relevance of understanding historical context and policy changes in shaping HDI outcomes. Ultimately, the study emphasises the need of maintaining a long-term commitment to effective and inclusive human development policies. Understanding the complex relationship of factors influencing South Africa’s HDI will help policymakers make better informed decisions that will lead to a more prosperous and fair society for all South Africans.
Funder
University of Mpumalanga, South Africa
Reference103 articles.
1. Human development: Beyond the human development index;Ranis;J. Hum. Dev.,2006
2. Sen, A. (1999). Development as Freedom, Oxford University Press.
3. Impact of foreign direct investment on human development index in Nigeria;Apinran;Bus. Econ. Res. J.,2018
4. Shah, S. (2016). Determinants of Human Development Index: A Cross-Country Empirical Analysis, Personal RePEc Archive. Available online: https://mpra.ub.uni-muenchen.de/73759/.
5. An automatic-democratic approach to weight setting for the new human development index;Tofallis;J. Popul. Econ.,2013