Tagged as: Lives of Citizens

An illustration of the GDP towards an area. Photo credit - AI Generated

Economic Growth Without Development: The Hidden Risks of GDP-Driven Policies

Introduction Economic growth, typically measured by an increase in Gross Domestic Product (GDP), is often regarded as the primary indicator of a country’s progress. Policymakers and economists frequently use GDP as a benchmark for national prosperity, assuming that a growing economy translates to improved living standards. However, this assumption is

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