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02 - 8a. Economic Growth 9 by Kausika Thanaraj is a document available to read on EtoBox.
The module on economic growth highlights that while real per capita GDP is a key indicator of welfare, its correlation with quality of life is not perfect. Although most countries saw an increase in real per capita GDP from 1950 to 2017, income inequality has risen, particularly due to the growth of populous countries like China and India. The findings suggest that policies promoting education, investment, and economic freedom can enhance growth, but further theoretical and statistical understanding is need
- Author
- Kausika Thanaraj
- Language
- EN