Of economic development
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Chapter 2 Theories of Economic Development
www.cicgeounit2.weebly.comThe goal of economic development in its simplest form is to create the wealth of a nation. Prior to the 1970s, rapid economic growth has been considered a good proxy for other attributes of development (Todaro and Smith 2009). Economic performance is measured by an annual increase in gross national product (GNP1)
HUMAN DEVELOPMENT AND ECONOMIC GROWTH
www.econ.yale.eduthe development process, with economic growth, described as an imperfect proxy for more general welfare, or as a means toward enhanced human development. This debate has broadened the definitions and goals of development but still needs to define the important interrelations between human development (HD) and economic growth (EG).
Economic Development: Overview - New York University
pages.nyu.eduMay 15, 1993 · Economic Development: Overview By the problem of economic development I mean simply the problem of accounting for the observed pattern, across countries and across time, in levels and rates of growth of per capita income. This may seem too narrow a deļ¬nition, and perhaps it is, but thinking about income patterns will