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Linking Economic Growth, Poverty, And Inequality

Submitted by ralph_buiser on July 15, 2007

Category: Social Issues
Words: 2201 | Pages: 9
Views: 176
Popularity Rank: 65,708
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Pieterse (2001) outlines to us the difficulty of defining the concept of development, as its history is characterized by the supremacy of intellectual trends in context and the multidimensional reality of the concept makes it hard to create an encompassing and working definition. Despite this, one core meaning of development may be deductible in all trends of development theories, according to Pieterse, that is economic growth. Huntington (1987) agrees to this by saying that economic growth, initially, has been a central goal of development towards the third world forged by economists. However, he further enumerates other central goals that have circulated in development literature over time; these are equity, the growth of democracy, political stability, and state autonomy (p 6). These goals offer a multifaceted concept of development. Recent development trends, however, fills in the missing link to these conventional development goals. Amartya Sen and the United Nations Development Programme (UNDP) brings to the fore the importance of uplifting people's overall well-being – that is human development – as a central concern of development as previous goals seemed insufficient in this particular area. Amartya Sen (1999) defines development as human development, clearly in such a way that its primary ends and means include a "process of expanding real freedoms that people enjoy", this furthermore entails the elimination of poverty, oppressive and repressive states, "poor economic opportunities", and "systematic social deprivation". Similarly, UNDP (1990) defines development as the enlargement of "people's choices", in other words it also talks about the enhancement of freedoms, and this includes the formation of the individual's capabilities and overall well-being through an effective and efficient provision of education, health care, and political, economic and social freedoms. This definition veers away from overemphasizing the importance of wealth by stating...

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