Beyond Economic Growth: Meeting the Challenges of Global by Tatyana P. Soubbotina

By Tatyana P. Soubbotina

What's improvement?

How do we examine the degrees of improvement attained through varied nations? And what does it take to make improvement sustainable?

This publication bargains no uncomplicated solutions to those complicated questions. as a substitute, the authors inspire readers to hunt their very own suggestions by means of examining and synthesizing info on various severe improvement matters together with inhabitants progress, fiscal progress, fairness, poverty, schooling, well-being, industrialization, urbanization, privatization, exchange, weather swap, and extra.

The booklet, which pulls on information released by way of the realm financial institution, is addressed to lecturers, scholars, and all these drawn to exploring problems with worldwide improvement.

This identify is a e-book of the area financial institution Institute -- selling wisdom and studying for a greater international.

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Cross-country Comparisons of Income Inequality In Brazil and Hungary, for example, GNP per capita levels are quite comparable, but the incidence of poverty in Brazil is much higher. 1, which shows the percentages of national income received by equal percentiles of individuals or households ranked by their income levels. In Hungary the richest 20 percent (quintile) of the population receives about 4 times more than the poorest quintile, while in Brazil the richest quintile receives more than 30 times more than the poorest quintile.

Judging by this indicator, cities in developing countries are already more economically important than rural, primarily agricultural areas, because more than half of the developing world’s GDP originates in cities. 2). Most Latin American countries are as urbanized as Europe, with 74 percent of the population living in urban areas. But South Asia, East Asia, and Sub-Saharan Africa remain predominantly rural, though they are urbanizing rapidly. 2 Most of the world’s most populous cities are in developing countries.

During these countries’ transition to market economies, their service sectors have grown rapidly to meet previously unfulfilled demand and the needs of the emerging private sector. In formerly planned economies the service sector was previously underde- Growth of services in transition economies is particularly important Conserving natural capital and building up human capital may help global development become more environmentally and socially sustainable. Growth of the service sector will not, however, be a miracle solution to the problem of sustainability, because agricultural and industrial growth are also necessary to meet the needs of the growing world population.

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