Economic growth means an increase in real GDP. This increase in real GDP
means there is an increase in the value of national output / national expenditure.
Growth has a number of economic and social benefits.
Among the key advantages of economic growth are improved standards of living,
increased employment and investment in cleaner technologies, while some of ...
Nov 15, 2012 ... As economic growth increases, the lifestyle gap shrinks.
Eight years of growth inevitably brings a range of economic and social benefits -
but there are also dangers and risks when an economy rides a fast growth path.
As illustrated by the story about Li in China, economic development has benefits
and costs. Li is able to find a job and live comfortable and even provide for her ...
Sep 14, 2013 ... Contrary to popular belief, economic growth may be good for biodiversity ... the
benefits of growth to other species outweigh its disadvantages.
Jun 3, 2014 ... One reason for this disagreement is that the relationship between economic
development and urbanization is complex; causation runs in both ...
Economic growth is the most powerful instrument for reducing poverty and .....
employment and the benefits it provides, and individual countries will need to ...
Aug 18, 2009 ... The benefits of economic growth are widely touted in the literature. But what ....
including log utility, safety eventually trumps economic growth.