growth
Economic growth vs economic development
19th July 2019Economic 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 2017Chinese 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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