DEVELOPMENT OF ECONOMIC THEORY - FROM THEORIES OF ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT TO THE PARADIGM OF SUSTAINABLE DEVELOPMENT
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| Publicado en: | DIEM : Dubrovnik International Economic Meeting vol. 7, no. 1 (2022), p. 91 |
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| Autor principal: | |
| Otros Autores: | |
| Publicado: |
University of Dubrovnik
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| Materias: | |
| Acceso en línea: | Citation/Abstract Full Text Full Text - PDF |
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| 024 | 7 | |a 10.17818/DIEM/2022/1.10 |2 doi | |
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| 045 | 2 | |b d20220101 |b d20221231 | |
| 100 | 1 | |a Pelsa, Inese |u University of Latvia Faculty of Business, Management and Economics, Latvia | |
| 245 | 1 | |a DEVELOPMENT OF ECONOMIC THEORY - FROM THEORIES OF ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT TO THE PARADIGM OF SUSTAINABLE DEVELOPMENT | |
| 260 | |b University of Dubrovnik |c 2022 | ||
| 513 | |a Journal Article | ||
| 520 | 3 | |a Rapid economic growth is a relatively recent phenomenon, which has been examined since the end of the 18th century. In the scientific literature researchers use the concept of "economic growth" and "economic development" when analyzing economic processes. "Economic growth", as defined by Paul M. Romer occurs whenever people use resources and rearrange them in more valuable ways. Thus, economic growth means an increase in a real national income /national output. In contrast, economic development is an improvement of the quality of life and living standards, e.g. improvement of literacy, life expectancy, and approach to environmental issues. Economic development encircles a wider range of metrics than just gross Domestic Product (GDP) per capita, it is about actual standard of living, level of environmental standards, availability and quality of housing and other aspects. The article analyzes, compares and evaluates theories of economic growth and economic development in the context of sustainable development. | |
| 610 | 4 | |a United Nations--UN | |
| 653 | |a Quality of life | ||
| 653 | |a Quality standards | ||
| 653 | |a Economic policy | ||
| 653 | |a Agricultural production | ||
| 653 | |a Life expectancy | ||
| 653 | |a Sustainable development | ||
| 653 | |a Mercantilism | ||
| 653 | |a Society | ||
| 653 | |a Per capita | ||
| 653 | |a Standard of living | ||
| 653 | |a Equality | ||
| 653 | |a Economic development | ||
| 653 | |a Gross Domestic Product--GDP | ||
| 653 | |a 18th century | ||
| 653 | |a Economic theory | ||
| 653 | |a 19th century | ||
| 653 | |a Economic growth | ||
| 653 | |a Liberalism | ||
| 653 | |a Literacy | ||
| 653 | |a Economics | ||
| 653 | |a Economic | ||
| 700 | 1 | |a Balina, Signe |u University of Latvia Faculty of Business, Management and Economics, Latvia | |
| 773 | 0 | |t DIEM : Dubrovnik International Economic Meeting |g vol. 7, no. 1 (2022), p. 91 | |
| 786 | 0 | |d ProQuest |t ABI/INFORM Global | |
| 856 | 4 | 1 | |3 Citation/Abstract |u https://www.proquest.com/docview/2640588402/abstract/embedded/7BTGNMKEMPT1V9Z2?source=fedsrch |
| 856 | 4 | 0 | |3 Full Text |u https://www.proquest.com/docview/2640588402/fulltext/embedded/7BTGNMKEMPT1V9Z2?source=fedsrch |
| 856 | 4 | 0 | |3 Full Text - PDF |u https://www.proquest.com/docview/2640588402/fulltextPDF/embedded/7BTGNMKEMPT1V9Z2?source=fedsrch |