A prevailing undercurrent of doubt regarding the merits of economic growth has motivated efforts to rethink how we measure the success of economic policy and societal wellbeing. This article comments on efforts to better account for impacts of economic activity emphasizing genuine progress indicator (GPI) and wellbeing metrics from a Canadian viewpoint. The authors caution that GPI and related ...

This study attempts to analyze the influence of technological infrastructure development and spill-over effect dynamic growth innovation on Asian European economies. Compared countries, economic countries has transformed significantly during last three decades. Technological progress higher available engineers researchers have become pivotal endogenous determinants in aggregate production funct...

is when per capita production and consumption grow. This may occur when more hours are spent working; but more important, for the long-term, is new technology, which leads to higher rates of extraction and/or more effi cient use of resources. For most nations, economic growth refl ects a concurrent increase in population and per capita production and consumption, all facilitated by the developm...