Paper Title :Economic Growth VS Human Development - Qualitative Changes
Author :Grzegorz Dybowski, Anna Bugała
Article Citation :Grzegorz Dybowski ,Anna Bugała ,
(2017 ) " Economic Growth VS Human Development - Qualitative Changes " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 40-44,
Volume-3,Issue-9
Abstract : The economic growth processes are socially determined, and the socio-economic development, as a qualitative
category, must result in social and institutional progress, designating a new quality of life. Despite the growth, the significant
regional differences in the economic growth level are persistent worldwide. What is more, the countries with the highest
GDP level per capita are not also those which are characterised by the highest human development. Of crucial importance
here is the policy regarding the distribution of the wealth produced, which, in turn, determines the use of the development
potential of local economies. What is particularly important, is the quality of human capital and long-term investments in
economic and social infrastructure. The importance of these factors increases with the degree of the technological
advancement of economic processes.
Keywords: Economic Growth, Human Development, Qualitative Changes, Human Capital
Type : Research paper
Published : Volume-3,Issue-9
DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-9438
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Copyright: © Institute of Research and Journals
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Published on 2017-11-24 |
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