1945

Sustained and inclusive economic growth drives development by providing more resources for education, health, personal consumption, and transport, water and energy infrastructure. Economic growth can also lead to new and better employment opportunities. Sustaining high real economic growth is not easy, however, and only a few of the least developed countries have consistently closed in on the 7 per cent average annual growth target for real GDP. Moreover, economic growth is not necessarily sustainable when countries are depleting their natural resources for the sake of economic growth and thus shifting the burden of environmental degradation and damage to future generations.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
/content/books/9789213617151c021
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