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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.
According to the linear stages of growth model, a correctly designed massive injection of capital coupled with intervention by the public sector would ultimately lead to industrialization and economic development of a developing nation. [3] The Rostow's stages of growth model is the most well-known example of the linear stages of growth model. [3]
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 ...
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 ...
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).
EBIT (operating result), and 1.7 times the stock price growth.8 An analysis of large U.S. and Canadian companies found that companies operating in complex environments generated significant returns, amounting to a “robust” 6 percent overall return over a three-year period, when they had a high proportion of women officers,
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 ...