Deng Xiaoping: Growth and Development
We have seen in the previous steps of this activity that China has experienced incredible growth recently. China is indeed one of the great economic success stories in history. In light of this great economic success, however, we are left with an important question: is economic growth the same thing as development?
In this film, Professor Oliver Morrissey offers various measures of China’s economy. He further discusses whether these measures of economic growth truly capture a country’s development and he cautions against falling into the trap of falsely equating economic growth with development.
Which of the measures Oliver discusses do you think best captures economic growth and development? Please share in the comments below which measure you believe is best and why it captures these concepts better than the others.
The Politics of Economics and the Economics of Politicians
The Politics of Economics and the Economics of Politicians
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