Economic growth vs economic development

19th July 2019

Economic growth vs economic development #PublicPolicySeries¬† Many people use interchangeably the terms economic growth and economic development. These are not synonyms and as a result, let me attempt to differentiate between the two.¬† Economic growth focuses largely on growth of Gross Domestic Product (GDP) whereas economic development focuses reducing inequality, unemployment and poverty.¬† The diagram […]

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Chinese Economy to grow at 6.5 percent

16th March 2017

Chinese Economy to Grow at 6.5% in 2017 The Chinese economy is expected to cool off in 2017 at a slower growth rate of 6.5 percent. This is coming after a fast growth and expansion over the years. The Chinese government reported they are targeting a growth of 6.5% or higher during 2017. Read More: […]

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