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Growth imperative is a term in economic theory regarding a possible necessity of economic growth. On the micro level, it describes mechanisms that force firms or consumers (households) to increase revenues or consumption to not endanger their income.
Development theory is a collection of theories about how desirable change in society is best achieved. Such theories draw on a variety of social science disciplines and approaches. In this article, multiple theories are discussed, as are recent developments with regard to these theories.
Social development theory attempts to explain qualitative changes in the structure and framework of society, that help the society to better realize aims and objectives.. Development can be defined in a manner applicable to all societies at all historical periods as an upward ascending movement featuring greater levels of energy, efficiency, quality, productivity, complexity, comprehension ...
An endogenous growth theory implication is that policies that embrace openness, competition, change and innovation will promote growth. [ citation needed ] Conversely, policies that have the effect of restricting or slowing change by protecting or favouring particular existing industries or firms are likely, over time, to slow growth to the ...
The index is published by the nonprofit Social Progress Imperative, and is based on the writings of Amartya Sen, Douglass North, and Joseph Stiglitz. [1] The SPI measures the well-being of a society by observing social and environmental outcomes directly rather than the economic factors.
Economic development has traditionally required a growth in the gross domestic product. This model of unlimited personal and GDP growth may be over. Sustainable development may involve improvements in the quality of life for many but may necessitate a decrease in resource consumption. [52] "Growth" generally ignores the direct effect that the ...
The 2019 World Scientists' Warning of a Climate Emergency and its 2021 update have asserted that economic growth is a primary driver of the overexploitation of ecosystems, and to preserve the biosphere and mitigate climate change civilization must, in addition to other fundamental changes including stabilizing population growth and adopting ...
Growth and Change: A Journal of Urban and Regional Policy is a quarterly peer-reviewed academic journal published by Wiley-Blackwell. The journal was established in 1970. Its current editors are John Carruthers (Cornell University), Natasha Duncan (Purdue University), Canfei He (Peking University), and Shengjun Zhu (Peking University).