Beyond Economic Growth — Building Economies That Convert Resources Into Lasting Well-Being
The State Of Democracy -
0 seconds
Economic growth is one of the most widely used indicators of economic progress. It can reflect expanding production, increasing investment, rising consumption, and the development of new industries. For individuals, businesses, and institutions, growth can create opportunities to improve living standards, expand productive capacity, and strengthen the resources available for future development. Yet growth alone cannot explain whether an economy is becoming more resilient, whether its opportunities are broadly accessible, or whether the value it generates will endure over time.