TOWARDS SUSTAINABLE PROGRESS: ENHANCING INSTITUTIONAL QUALITY FOR HUMAN DEVELOPMENT IN OIC MEMBER STATES

Abstract

Sustainable human development is a global priority, and effective international collaboration relies on understanding growth processes. Institutions, including official and informal laws, play a crucial role in determining social, political, and economic affairs. Organization of Islamic Cooperation (OIC) nations promote unity, cooperation, conflict resolution, diplomacy, political stability, economic cooperation, and development initiatives addressing issues like poverty and human rights enabling member states to improve their populations' well-being through collective efforts. Institutional quality significantly impacts outcomes in several Human Development Index (HDI) aspects, highlighting the complexity and varied factors determining human development. In this context, this thesis aims to assess the impact of institutional quality on human development within the OIC Countries investigating how Institutional quality may have distinct effects on the health, income, and educational aspects of the (HDI) by employing the Fixed Effect model on the 57 countries within the OIC Countries over the period from 2003 to 2022 (N=57, T=20). The research reveals that institutional quality is a key factor in determining human development in Organization for Islamic Cooperation (OIC) member countries. While some countries have robust institutions, others face challenges due to inefficiencies, corruption, and poor governance. The thesis suggests policy intervention tools to address these obstacles, including reforms to improve institutional quality, encourage accountability and transparency, strengthen governance frameworks, and promote inclusive development. It also emphasizes the importance of global collaboration, information exchange, and capacity-building programs in promoting sustainable human development.

Date of Award	2024
Original language	American English
Awarding Institution	HBKU College of Islamic Studies