Development is about transforming the lives of people

transforminglives

Development is about transforming the lives of people, not just transforming economies.

Joseph E. Stiglitz

Anyone interested in development in general must take critical note of the statement of Jeseph E. Stiglitz. We must go beyond the economic indicators and ensure transformation in the lives of people. Operationalizing the economic indicators leads to economic development. To read more, please click the link below to know the difference between economic growth and economic development.

http://wealthforumonline.com/poverty-reduction/ingredients-of-economic-growth/

Advertisement