Can Any Countries Economic Growth Lead: Human Development
Author | : Johnny Ch Lok |
Publisher | : Independently Published |
Total Pages | : 56 |
Release | : 2018-10-24 |
ISBN-10 | : 1729199321 |
ISBN-13 | : 9781729199329 |
Rating | : 4/5 (329 Downloads) |
Download or read book Can Any Countries Economic Growth Lead: Human Development written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-10-24 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: I believe that economic growth must have relationship to influence human development. But it must not lead positive human development. Otherwise, when one country is experiencing stable economic growth in long term. It is possible to lead negative human development. I shall indicate as below: To explain whether economy growth can influence human development. We need to research whether economy growth has relationship to influence human development. What is economic growth meaning? Economists explain it means an increase in gross national product (GNP) if all products and services that an economy produces during a specified time period. So, it brings one interesting question concerns economic growth: IS it a quantity based concept, not quality based concept? If economic growth is an only relationship to economic development Otherwise, if it also has quality based concepts, then it has relationship to influence or lead human development. When economy growth is a direct measure of changes in the size of the economy. Whether it is a measure of welfare to human development or sustainable development. Why do we need to concern economic growth? Because political importance means domestic and international trading income and the country