Here are some of the ideas that have been removed over the past few decades, especially in the wake of World War II, because of the analytical and empirical methodology of economics. First of all, it is important to understand that the age of the Five Year Plan has come from all over the world. Now Russia and China do not even have five-year plans but the government is governed.
Zero economic growth rate: In the 5th, a book called The Limits to Economic Growth, called the Club of Roy, came out and countered that if economic growth continued at a timely rate, the earth's resources would be particularly mineral-depleted. Everyone will agree that economic resources have to be used efficiently, but for the above reasons no nation can accept the argument that economic growth rate in the world should be zero. After the book was written, new sources of minerals were discovered in the world and no shortage of minerals was available.
Humans discovered new uses of minerals. As the sun began to generate energy, so did the need for coal. Economists realize that zero economic growth rate increases poverty. On the other hand, if the economic growth rate is reduced to zero, then how many African and Asian countries are currently living in poverty for the most backward? This is not going to happen. Remember that under the current pattern of high economic growth rate of the world, the poverty of the world has decreased dramatically under Millennium Development Gold.
Economic growth rate and economic growth
The lobby, which rejected the economic growth rate, did not know that economic development is not possible without high economic growth rate, arguing that economic growth rate is blind in that only GDP growth rate is taken into account. ), Is meaningless, is destructive to the cosmos, unemployed, etc. Arguments have been made and economic growth. Economic development was the split. Economic development means economic development in which the education, employment and health services cost of the people and the creation of state-wide infrastructure. But economic growth is not possible without economic growth rate. It is accepted that not only do some individuals take the benefits of economic growth rate but it is also accepted that without high economic growth rate economic development is not possible. The greatest category of those who accepted that economic growth rate was zero was the spiritualists and the religious and the egoists. They considered themselves partisans and those who favor economic development or economic growth and still count.
The engine of economic development
Until now the engine of development was considered capital investment and manpower. Now engine counts as abstract ideas, new ideas and innovation-innovations.
Small is Beautiful
In the last decades of economic development, a small movement like this started in the last decade. There was a conceptual movement on how poverty can be overcome by small units like small technology and factory workshops, and there was talk of turning large technology and large production units into smaller units, so talk of aproprimate technology. It also did not run. Can the government make railway, power generation units, other iron ore mills, advanced jet aircraft factories quite small! No, for some goods must be heating factories or heating systems. Small production units can be very expensive. Whereas small scale production units are cheaper and perform better, they can be encouraged, but 'small is beautiful' does not work in the real world. Expensive.
Indigenous and self-reliant
From 7 to 8 India went under the pretext of self-reliance and adopted a policy of import substitution and for thirty consecutive years, the Hindu rate of growth between one and one-half percent per capita was trapped. Poverty in India has transcended as the population grew out of control in the country. Even if India has a GDP of five trillion dollars, it has a population of more than 300 million, and cannot afford it. The point of prosperity in the world is not GDP but per capita income. India abandoned its policy of self-sufficiency but did not make structural changes (structural changes) during the period from 1 to 5. After the fundamental changes in the economy in the 8th, India was released from the chute of Hindu rate of growth and the bribery of permit-quota-control was also exempted from bureaucracy. Now, poverty is falling from India due to high economic growth rate over the last six years. Of course economic inequality continues.
The more populous India is the stronger the nation: the more the population, the stronger the nation and the more it can defeat the enemies and the gains on the demographic dividend have proved to be quite wrong. Demographic dividends benefit only when the new emerging generation is far ahead in terms of higher education. The population of India, which was only 2 crore in 2, has now increased to 2 million
The world is moving economically
This is not true. Economically, the world's gross income has been growing at an average rate of almost three percent for the last forty years. When the world population growth rate is less than one and a half percent. Poverty is decreasing from the world. The average income of a citizen of the world is more than ten thousand dollars.
Increasing economic growth will destroy the world: many new sources of energy are being opened in the world, many new options (electric cars, solar energy) are being substituted for the destruction of technology.
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