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An Empirical Analysis of the Relationship between Human Development and Quasi-Public Goods

Department of Economics, Indiana State University. Terre Haute LNV 47809 ecdrich{at}scifac.indstate.edu

This paper empirically examines the proposition that levels of social welfare are related to a country's ability to provide itself with quasi-public goods. It also argues that less developed countries in recent years have been forced to reduce public spending on such goods as a result of the need to service external debt obligations. The result for these countries then is a reduction in broad-based social welfare.

Key Words: Quasi-public goods • Social welfare • International debt

Review of Radical Political Economics, Vol. 32, No. 3, 417-427 (2000)
DOI: 10.1177/048661340003200307


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