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Explain the relationship between economic growth & human development. How can public administration ensure a balance between the two. give 4 points for each with relevant example?
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Explain the relationship between economic growth & human development. ...
Relationship Between Economic Growth & Human Development
Economic growth refers to the increase in a country's output of goods and services, while human development focuses on improving the quality of life and well-being of individuals. The two are interlinked; economic growth can provide the resources necessary for human development, and a well-developed populace can enhance productivity and innovation, driving further economic growth.
Economic Growth Contributes to Human Development
  • Increased Resources: Economic growth generates additional public revenue, allowing governments to invest in health, education, and infrastructure. For instance, India’s economic reforms in the 1990s led to improved healthcare access.
  • Job Creation: Growth leads to more jobs, reducing poverty and enhancing living standards. The growth of the tech industry in Silicon Valley has created numerous high-paying jobs, boosting the local economy.
  • Enhanced Public Services: Higher GDP enables better funding for essential services. Countries like Sweden use their economic surplus to provide universal healthcare and free education.
  • Investment in Technology: Economic growth encourages R&D investment, resulting in innovations that improve quality of life, exemplified by the rise of renewable energy technologies in Germany.

Public Administration's Role in Balancing Growth and Development
  • Policy Formulation: Public administrators can create policies that prioritize both economic growth and human development, like incorporating social safety nets in economic strategies.
  • Regulatory Framework: Effective regulations can ensure that economic activities do not harm social welfare, as seen in environmental regulations that protect communities while promoting green businesses.
  • Public Participation: Engaging citizens in decision-making ensures that growth strategies address community needs, like participatory budgeting initiatives that empower local populations.
  • Monitoring and Evaluation: Regular assessments of programs can ensure that growth initiatives are also benefiting human development, as done in the UN’s Sustainable Development Goals framework.
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Explain the relationship between economic growth & human development. How can public administration ensure a balance between the two. give 4 points for each with relevant example?
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