Economic growth has been used with other terms such as development‚ modernization‚ westernization and industrialization. It is‚ in other words‚ a transition from a simple‚ low-income economy to a modern‚ high- income economy. Its scope includes the process and policies by which a nation improves the economic‚ political‚ and social well-being of its people. Though it is often measured by rate of change of gross domestic product‚ it is generally understood in terms of increase in per capita income
Premium Sustainability Sustainable development
China’s Economic Growth and Development China is presently the world’s largest economy in relation to its population of 1.3 billion. The country is currently a socialist economy ruled by a Communist Government‚ with significant structural changes impacting its economy as a result of the high rate of growth over the past decades. Its economy is in the transition phase‚ moving from being a centrally planned economy to a system based more on the market. A socialist or market economy can be defined
Premium People's Republic of China Economic growth Planned economy
Population and Development A Survey Research in the Philippines: Alejandro N. Herrin [. INTRODUCTION This paper attempts to review the state of social science research on population and development relationships in. the Philippines with the aim of: (I) taking stock of what we know about such relationships as a guide to development planning‚ and (2) providing a basis for formulating recomII)endations to guide future research on the topic. The many population-related studies by independent
Free Demography Population Total fertility rate
2001 version Paper to be presented at IUSSP Conference in Brazil/session-s09 Population Growth and Global Carbon Dioxide Emissions Anqing Shi Development Research Group The World Bank Keywords: Population‚ global warming‚ Carbon Dioxide Emissions‚ projections Abstract: Previous studies on the determinants of carbon dioxide emissions have primarily focused on the role of affluence. The impact of population growth on carbon dioxide emissions has received less attention. This paper takes a step
Premium Carbon dioxide Emission standard World energy resources and consumption
of life and the rise of permanent settlements and eventually cities‚ the human population has undergone dramatic growth. "It took until after 1800‚ virtually all of human history‚ for our population to reach 1 billion. Yet we reached 2 billion by 1930‚ and 3 billion in just 30 more years‚ in 1960" (Withgott & Brennan‚ 218). Today the world ’s population has grown to an estimated 6.5 billion people. "Increased population intensifies impact on the environment as more individuals take up space‚ use natural
Premium Population growth Demography Overpopulation
Population Growth 5 Problem and solution essay. Have you ever thought what will happen with us in our nearest future? Is there will be better life than today? When I first saw headlines such as “Better life is coming” or “Future without problems‚ it’s true”‚ I was tempted to answer‚ “Yes”. However‚ these facts aren’t so widely reported in the newspaper and television. But the nearest future‚ in fact‚ is not as fluffy as it seems to be. Moreover‚ there will more global problems than we have. The
Premium Management Marketing Economics
Objectives of Economic Growth and Development Economic growth is defined by‚ among other things‚ material capital formation‚ human capital formation and the creation of innovation. Put another way‚ economic growth is determined by the amounts and types of capital and labor that are invested‚ and how they are utilized for production. The objective of economic growth through economic policy is not necessarily GDP or GNP maximization but maybe enhancing and improving quality of life or other values
Premium Economics Economic growth
“Sustainable development (SD) is maintaining a delicate balance between the human need to improve lifestyles and feeling of well-being on one hand‚ and preserving natural resources and ecosystems‚ on which we and future generations depend” (Authorstream‚ 2010‚ p 1: ¶ 1). In concurrence‚ the World Commission on Environment and Development (WCED) asserts that SD is‚ “development that meets the needs of the present without compromising the ability of future generations to meet their own needs” (Authorstream
Premium Demography Total fertility rate Population
about the relation between economic growth and financial development. First‚ financial development has impact on economic growth (i.e. Bagehot‚ 1873; Schumpeter‚ 1912; McKinnon‚ 1973; Shaw‚ 1973; Patrick‚ 1966; Goldsmith‚ 1969; Fry‚ 1973). Second‚ economic growth leads to financial development and that where there is economic growth financial development follows (i.e. Robinson‚ 1952). The third view‚ however‚ contends that both financial development and economic growth Granger cause one another.
Premium Economics Economic growth Financial services
Benjamin Sandoval Kyle Edminson April 12 Human population has exceeded 6 billion and will inevitably continue to grow. Population growth is heavily attributed to developing nations‚ primarily Africa where it is a cultural norm for women to bear many children to carry on the ancestral blood line. Navaho Indian also embrace a culture of producing many children as a means of repopulating their people. It is typical for a Navahoe female to drop out of school at an early age to procreate
Premium Population Overpopulation Birth control