Forest energy and economic development

It is widely agreed that greater economic activity, resulting in an increased gross national product (GNP), is desirable, but only comparatively recently has it be- come generally accepted that unrestricted economic growth may have external effects which nullify most, if not all, of the advantages g...

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Bibliographic Details
Main Author: Earl, Derek E (Author)
Format: Book
Language:English
Published: Oxford [Eng.] Clarendon Press 1975
©1975
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Summary:It is widely agreed that greater economic activity, resulting in an increased gross national product (GNP), is desirable, but only comparatively recently has it be- come generally accepted that unrestricted economic growth may have external effects which nullify most, if not all, of the advantages gained. It is therefore incumbent upon those who seek to encourage economic growth to understand the special problems that may arise from its promotion. Economic growth The material progress of a nation is usually estimated by measuring the change in GNP per annum. Occasionally gross domestic product (GDP) is used as this excludes earnings from overseas investment. The GNP criterion has been much criticized by Galbraith (1969) who suggests that its use as a yardstick for the measurement of growth is retrogressive if 'net real growth' is required. In par- ticular he has laid stress on its inability to measure diseconomies
Item Description:Includes index.
Physical Description:vii, 128 pages illustrations 25 cm
Bibliography:Bibliography: p. [118]-121.
ISBN:0198545215
9780198545217