Is High GDP growth enough
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Back in 1990, Indian Nobel prize winner Amartya Sen along with Pakistani economist Mahbub Ul Haq developed an index to measure the overall impact of a country's economic policies on the quality of life of its citizens. The index which came to be known as the Human Development Index HDI measures the life expectancy, literacy, education, and standard of living for countries worldwide. Furthermore, it is also used to indicate whether the country is a developed, developing or an undeveloped nation. Last month, the United Nations Development Programme compiled and published its 2007/2008 Human Development Report, based on data and...
addressed as top of the priority list, is the social and public welfare, quality of life, and the well being of the citizens of the country.

addressed as top of the priority list, is the social and public welfare, quality of life, and the well being of the citizens of the country.
The right policies need to be drafted and well implemented, in order to ensure that the economic growth is passed on to all strata of the society and eventually push the country up the rankings in the coming years and most important try to get ourselves rid of the tag of a developing country that seems to have got into our blood, and turn ourselves into a well functioning democratic and developed nation.
America is the most powerful country in the world. The American economy has been a symbol of the wealth of a nation. The efforts of our forefathers and present geniuses have created economic values, which have caused American's to thrive. Two of these influences are Bill Gates and Ben Franklin...
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Law of Demand is an assertion. We need not question it if its testable implications have not yet been refuted. But quite a lot of people always challenge such a law and doubt its predictive power. On the other hand, some people use the case of luxury goods, which in...
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In this essay and if money was no object I will discuss what I think should be the main aims for education in the 21st century. "Educators who are concerned about this neglected aspect of the curriculum talk about the need for a 'futures dimension' within...
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The model of perfect competition serves as a benchmark of economic efficiency against which real world markets can be measured. A perfectly competitive market requires a number of conditions. The first is that there need to be many buyers and sellers. This is necessary so that no individual or group...
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