Articles

Yojana magazine

Yojana magazine published this article page 33 both growth and development refer to changes over a period of time. the difference is that growth is quantitative and value neutral. it may have a positive or a negative sign. this means that the change may be either positive (showing an increase) or negative (indicating a decrease). development means a qualitative change which is always value positive. this means that development cannot take place unless there is an increment or addition to the existing conditions. development occurs when positive growth takes place. yet positive growth does not always lead to development. development occurs when there is a positive change in quality. for example if the population of a city grows from one lakh to two lakhs over a period of time we say the city has grown. however if a facilities like housing provision of basic services and other characteristics remain the same then this growth has not been accompanied by development. can you think of a few more examples to differentiate between growth and development economic growth. this meant that the bigger the economy of the country the more developed it was considered even though this growth did not really mean much change in the lives of most people. the idea that the quality of life people enjoy in a country the opportunities they have and freedoms they enjoy are important aspects of development is not new. these ideas were clearly spelt out for the first time in the late eighties and early nineties. the works of two south asian economists mahbub-ul-haq and amartya sen are important in this regard buy yojana magazine online.

 

Yojana magazine

Back to Articles