Globalization: Some Controversies and Its Humanization

摘要

This paper studies the issue of interactive reinforcements among per capita real GDP, literacy rate and life expectancy invoking pooled OLS. Annual data from 2000 through 2013 are employed for selected twenty Asian countries. The results reveal strong interactions among the above three variables underscoring the importance of human capital and longer longevity of people in enhancing economic well-being. Polices towards improving them will put a human face on globalization.