W11. Social Development is Economic Development 1 / Kim Seon Woo

Summary

 The fundamental goal of economic development is not economic growth, but improvement in hundan'welfare-what we often call human development, or social develop iient. By any sensible measure of human development, the postwar development effort has been an astonishing success-a point that is too often overlooked in assessments of the past 40 years. Life expectancy, one of the single best measures of overall welfare because it reflects not only the length of life but access to health care and good nutrition, and because as a statistic it will not increase in a country where development gains are not widely shared, has risen in developing countries from about 45 to 65 years in the last four decades.

Interesting Point

 It was interesting that it was a report from the World Bank to help international development in developing countries. There were many things that matched my usual thinking. No matter what part of social development, economic development is essential to overall development. This report was very impressive.

Discussion

 It is said that the environmental protection policy that advanced countries insist on is also aimed at suppressing the economic growth of developing countries. What do you think about this part?

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