People hold different views about how to measure the development of a country. While I agree with the view that economic progress is essential, I believe that there are a range of other forms of progress which are equally important.
It is apparent that economic growth has long been high on government’s agenda worldwide, which is seen as a fundamental goal for countries. This might be explained by the first reason that a healthy economy would boost job creation for labour market and result in a high rate of employment. As a result, employees would be paid with higher wages, which enable them to cover their basic needs and improve the standards of living. Furthermore, when the economic growth collects higher revenues, the government will have more budgets to spend on infrastructure and public services. For example, public transport system would be invested more and improved by increasing the frequency of buses or tubes, which would make them more convenient for users. Finally, a thriving economy would help a country have a strong standing on the global stage through international trading and cooperation.
On the other hand, I would argue that various other measures of progress needed to consider as the economic factor. Firstly, it is said that the economic growth which is not based on conserving natural resources is causing severe environmental consequences. For example, the continued use of fossil fuels which provides the energy for economic development is causing global warming. This is leading to a rise in sea levels, which eventually makes millions of poor people homeless. Secondly, the perception of people in society about social justice, human rights and cultural preservation has also been significant. For instance, Bhutan which has rejected Gross Domestic Production as the only way to measure progress, is the only country in the world that has “Gross National Happiness”. This index measures prosperity by its citizen’s happiness levels which ensure material and spiritual development to happen together. Consequently, this country, which has been known as one of the happiest place in the world, not only can keep economic growing, but also maintain the environment and cultural identity at the same time.
In conclusion, although I accept that economic growth plays an important role, I believe that the authorities should allocate resources to other areas properly to achieve sustainable development goals.
People
hold
different
views about how to
measure
the
development
of a
country
. While I
agree
with the view that
economic
progress
is essential, I believe that there are a range of
other
forms of
progress
which are
equally
important
.
It is apparent that
economic
growth
has long been high on
government
’s agenda worldwide, which is
seen
as a fundamental goal for
countries
. This might be
explained
by the
first
reason that a healthy economy would boost job creation for
labour
market and result in a high rate of employment.
As a result
, employees would
be paid
with higher wages, which enable them to cover their basic needs and
improve
the standards of living.
Furthermore
, when the
economic
growth
collects higher revenues, the
government
will have more budgets to spend on infrastructure and public services.
For example
, public transport system would
be invested
more and
improved
by increasing the frequency of buses or tubes, which would
make
them more convenient for users.
Finally
, a thriving economy would
help
a
country
have a strong standing on the global stage through international trading and cooperation.
On the
other
hand, I would argue that various
other
measures
of
progress
needed to consider as the
economic
factor.
Firstly
, it
is said
that the
economic
growth
which is not based on conserving natural resources is causing severe environmental consequences.
For example
, the continued
use
of fossil fuels which provides the energy for
economic
development
is causing global warming. This is leading to a rise in sea levels, which
eventually
makes
millions of poor
people
homeless.
Secondly
, the perception of
people
in society about social justice, human rights and cultural preservation has
also
been significant.
For instance
, Bhutan which has rejected Gross Domestic Production as the
only
way to
measure
progress
, is the
only
country
in the world that has “Gross National Happiness”. This index
measures
prosperity by its citizen’s happiness levels which ensure material and spiritual
development
to happen together.
Consequently
, this
country
, which has
been known
as one of the happiest place in the world, not
only
can
keep
economic
growing,
but
also
maintain the environment and cultural identity at the same time.
In conclusion
, although I accept that
economic
growth
plays an
important
role, I believe that the authorities should allocate resources to
other
areas
properly
to achieve sustainable
development
goals.