Skip to main content
6 events
when toggle format what by license comment
Aug 16, 2017 at 13:26 vote accept Pablo
Aug 6, 2017 at 7:21 comment added JoaoBotelho In Wikipedia it stated "Economic development is the process by which a nation improves the economic, political, and social well-being of its people." This didn't mention any of the risks associated with excessive debt that you are mentioning. Again, it is a process, and indicators exist to measure several aspects of it. It would help if you can try to describe exactly what you want to measure, and to define the concepts you use (such as economic development).
Aug 4, 2017 at 13:54 comment added Pablo Hmm if economical development can mean increasing the quality of life of people, but including doing so in a not sustainable way (ie borrowing money you later wont be able to pay and that will lead you into an economical crisis) then I think it has little meaning. But I'm not sure it means that, does it?
Aug 4, 2017 at 13:46 comment added JoaoBotelho I believe you are mixing economic growth with economic development. Please read more here: en.wikipedia.org/wiki/Economic_development
Aug 3, 2017 at 10:31 comment added Pablo But HDI as far as I know also counts people's culture, education, etc. so pour countries can have higher HDI than less pour ones. I dont know if that fits with the idea of purely economical development
Aug 3, 2017 at 8:35 history answered JoaoBotelho CC BY-SA 3.0