SOSC 1430 Lecture Notes - Lecture 2: List Of Countries By Human Development Index, National Accounts, Human Development Index
9 May 2016
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Document Summary
Defining and measuring development progress economic growth human needs human development. The word development is contested (development is about power) There is not a single idea or vision of development. Sometimes conveys a normative ideal how things should be rather than how things really are Ideas about development transpire in institutions, practices and politics. Third world societies and non- european cultures are defined negatively. > the push, the incentive for the take-off : economic growth. Equates development with economic performance: greater economic output of a given society. Standards of living: the quantity of goods and services consumed by the average citizen . Gross domestic product: market value of all goods and services produced in given country ( allocates production based on geographical location - national) Gross national product: market value of all products and services in one year by labour and property supplies by the residents of a country. (allocates production based on ownership)
