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kind’.
What is economic development of the right kind?
Economic development of right kind has several dimensions:
♤ Growth in the productive capacity of society i.e. growth in productivity of labor, agriculture, and capital. It ensures growth in per capita income and per capita assets.
♤ Improvement in quality of life of the poor.
♤ Distribution of economic assets and incomes.
♤ Improvement in conditions of health and safety in workplace.
♤ Improvement in quality of life - improved access to health care, clean water, education
♤ Sustainable environmental change
♤ Gender equity