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What is Economic Growth

Chapter 2
Economic, Educational, and Touristic Development in Asia
An increase in the total amount of goods and services produced per head of the population of a specific country over a year, it can be measured in terms of Gross Domestic Product (GDP).
Published in Chapter:
Building a Diversified and Sustainable Economy in Kazakhstan: Towards the Green Economy Through a Triple Helix Approach
Cinzia Colapinto (Ca' Foscari University of Venice, Italy)
Copyright: © 2020 |Pages: 21
DOI: 10.4018/978-1-7998-2239-4.ch002
Abstract
Due to globalization, entrepreneurship has become fundamental for the competitiveness of countries, and as shown by the Triple Helix Framework enterprises, universities and governments must create synergies to their mutual advantage. In Kazakhstan, a Post-Soviet transition economy, gross domestic product has doubled over the past decade thanks to the extractive and heavy industries and on an intensive use of electricity produced from coal. The authors present a goal programming model for environmental policy analysis involving criteria such as economic development, electricity consumption, greenhouse gas emissions, and the total number of employees to determine the optimal labour allocation across different economic sectors. The purpose is to provide empirical evidence and policy recommendations to decision makers in developing the optimal strategy able to simultaneously satisfy energy demand, decrease GHG emissions, increase economic growth, and foster labour development by 2050. The analysis will allow to compare Kazakhstan with similar economies.
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Chapter 1
Critical Analysis of the World Economy and Deglobalization Processes in Times of Pandemic
It indicates that there is an increase in terms of income or of the goods and services that the
Published in Chapter: Critical Analysis of the World Economy and Deglobalization Processes in Times of Pandemic; From: Impact of Global Issues on International Trade
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Chapter 38
International Trade, Economic Growth, and Turkey
Economic growth is an increase in the production of economic goods and services, compared from one period of time to another.
Published in Chapter: International Trade, Economic Growth, and Turkey; From: Encyclopedia of Data Science and Machine Learning
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Chapter 10
The Effect of Health and Education Expenditures on Poverty: The Case of Central and Eastern European Countries
Represents the annual rate of increase in national income in a country. Foreign trade transactions are also included.
Published in Chapter: The Effect of Health and Education Expenditures on Poverty: The Case of Central and Eastern European Countries; From: The Circular Economy and Its Implications on Sustainability and the Green Supply Chain
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Chapter 20
Contextual Transformations: Organisational Sustainability Under Crisis
It is understood as the positive evolution of the living standards of a territory, usually countries, measured in terms of the productive capacity of its economy and its income within a specific period.
Published in Chapter: Contextual Transformations: Organisational Sustainability Under Crisis; From: Handbook of Research on Challenges for Human Resource Management in the COVID-19 Era
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Chapter 17
Defense-Education Expenditure Nexus in Economic Growth of Nigeria
Increase in Nigeria’s capacity to produce goods and services (gross domestic product), compared from one period of time to another.
Published in Chapter: Defense-Education Expenditure Nexus in Economic Growth of Nigeria; From: Handbook of Research on Military Expenditure on Economic and Political Resources
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Chapter 8
Military Expenditure and Economic Growth Relationship Revisited in Some South Asian Countries: With Special Reference to India
Generally economic growth means sustained rise of income. Later on, economists argue it should be sustained rise of per capita income. With the increases of inflation some economists opined for getting better measurement of development we should consider real per capita income. Which can be obtained by subtracting the inflation from nominal per capita income. In this paper gross domestic product per capita growth is being considered as economic growth.
Published in Chapter: Military Expenditure and Economic Growth Relationship Revisited in Some South Asian Countries: With Special Reference to India; From: Handbook of Research on Military Expenditure on Economic and Political Resources
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Chapter 11
Taxation Regime and Macroeconomic Systems' Dynamics
Is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Growth is usually calculated in real terms (i.e., inflation-adjusted terms) to eliminate the distorting effect of inflation on the price of goods produced.
Published in Chapter: Taxation Regime and Macroeconomic Systems' Dynamics; From: Global Trends of Modernization in Budgeting and Finance
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Chapter 10
Evaluating the Future Possibilities of India-ASEAN Economic Relations: A Critical Assessment
It is an increase or rise in the amount of service and goods to be manufactured per head of the population over a particular period of time.
Published in Chapter: Evaluating the Future Possibilities of India-ASEAN Economic Relations: A Critical Assessment; From: Evaluating Trade and Economic Relations Between India and Southeast Asia
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Chapter 4
The Role of Information Technologies to Adapt to a Global Pandemic: Digitalization Disruption in the New Renaissance
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Chapter 4
Economic Effects in Islamic Stock Development of the European Countries: Policy Recommendations for Ethical Behaviors
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Chapter 4
Internet Use and Economic Growth: Evidences From Lower Middle Income and Low Income Countries
Economic growth is defined as the rate of change in the inflation-adjusted market value of the goods and services produced by an economy over time. It is measured as the percent rate of increase in real gross domestic product, or real GDP, usually in per capita terms.
Published in Chapter: Internet Use and Economic Growth: Evidences From Lower Middle Income and Low Income Countries; From: Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development
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Chapter 18
Financial Infrastructure and Economic Growth
Increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP, usually in per capita terms.
Published in Chapter: Financial Infrastructure and Economic Growth; From: Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development
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Chapter 1
Conflict Risk and Defense Expenses and Their Impact on the Economic Growth
It shows the per cent change of any economic variable in a given time point vis-à-vis a base time point.
Published in Chapter: Conflict Risk and Defense Expenses and Their Impact on the Economic Growth; From: Handbook of Research on Military Expenditure on Economic and Political Resources
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Chapter 10
The Impact of Military Spending on Economic Development: A Study of the Indian Economy
Increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP, usually in per capita terms.
Published in Chapter: The Impact of Military Spending on Economic Development: A Study of the Indian Economy; From: Handbook of Research on Military Expenditure on Economic and Political Resources
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Chapter 25
Human and Military Development: A Paradox Analyzed in the Context of India
Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another. It can be measured in nominal or real terms, the latter of which is adjusted for inflation. Traditionally, aggregate economic growth is measured in terms of gross national product (GNP) or gross domestic product (GDP), although alternative metrics are sometimes used.
Published in Chapter: Human and Military Development: A Paradox Analyzed in the Context of India; From: Handbook of Research on Military Expenditure on Economic and Political Resources
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Chapter 20
Causal Relationship between Foreign Direct Investment and Economic Growth: Evidence from Turkey
An increase in the capacity of an economy to produce goods and services, compared from one period of time to another. Economic growth can be measured in nominal terms, which include inflation, or in real terms, which are adjusted for inflation. For comparing one country's economic growth to another, GDP or GNP per capita should be used as these take into account population differences between countries.
Published in Chapter: Causal Relationship between Foreign Direct Investment and Economic Growth: Evidence from Turkey; From: Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance
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Chapter 26
The Relationship Between Financial Development, Innovation and Economic Growth
A country, increasing the amount of scarce resources owned or limit the expansion of the production facilities by improving their quality. Or a country has to change its production technology to reach higher production levels.
Published in Chapter: The Relationship Between Financial Development, Innovation and Economic Growth; From: Handbook of Research on Managerial Thinking in Global Business Economics
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Chapter 13
Impact of Global Pattern on the EU Economic Growth and Urbanization
Economic growth is an increase in the production of economic goods and services, compared from one period to another.
Published in Chapter: Impact of Global Pattern on the EU Economic Growth and Urbanization; From: Migration and Urbanization: Local Solutions for Global Economic Challenges
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Chapter 17
Major Macroeconomic Dynamics for Labor Market in Turkey: A Causality Analysis
The increase in an economy’s production possibilities frontier over time. There are three main causes of economic growth: increases in the stock of capital; technological progress embodied in new capital equipment; and growth in labor input due primarily to population growth, immigration, and changes in participation rates.
Published in Chapter: Major Macroeconomic Dynamics for Labor Market in Turkey: A Causality Analysis; From: Handbook of Research on Unemployment and Labor Market Sustainability in the Era of Globalization
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Chapter 9
Business Ethics in Latin America and Its Impact on Sustained Economic Growth
The increase in the amount of the goods and services produced over time. It is measured as the percent rate of increase in real GDP.
Published in Chapter: Business Ethics in Latin America and Its Impact on Sustained Economic Growth; From: Handbook of Research on Economic Growth and Technological Change in Latin America
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Chapter 7
The Growth Effects of Financial Development Over Economic Cycle in South Africa
Is an increase in the production of economic goods and services, compared from one period of time to another.
Published in Chapter: The Growth Effects of Financial Development Over Economic Cycle in South Africa; From: Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa
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Chapter 15
Foreign Direct Investment Opportunities in Infrastructure Development: A Study on India
Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another. It can be measured in nominal or real terms.
Published in Chapter: Foreign Direct Investment Opportunities in Infrastructure Development: A Study on India; From: Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development
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Chapter 21
Exploring Culture and Entrepreneurship Nexus in Peacebuilding: Beyond Fragility of Institutions as Source of Conflict
Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another. It can be measured in nominal or real terms, the latter of which is adjusted for inflation. There are three major factors that can drive economic growth of any society. They are accumulation of capital stock, increases in labor inputs, such as workers and/or hours put in for work, and technological advancement.
Published in Chapter: Exploring Culture and Entrepreneurship Nexus in Peacebuilding: Beyond Fragility of Institutions as Source of Conflict; From: Handbook of Research on the Impact of Culture in Conflict Prevention and Peacebuilding
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Chapter 4
The Effect of COVID-19 on the Tourism Sector in Turkey: An Evaluation with Financial Statement Analysis
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Chapter 14
Automation of VAT System: A Pathway of Domestic Resource Mobilization
The increasing level of the production of economic goods and services in a period compared with the previous period.
Published in Chapter: Automation of VAT System: A Pathway of Domestic Resource Mobilization; From: Global Challenges and Strategic Disruptors in Asian Businesses and Economies
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Chapter 9
Changing Patterns of Energy Use and Its Linkage With Some Macroeconomic Variables in India and China
Economic growth basically refer to an increase in the amount of goods and services produced per head of the population over a period of time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP, after taking into account the inflation-adjusted market value of the goods and services produced by an economy over time.
Published in Chapter: Changing Patterns of Energy Use and Its Linkage With Some Macroeconomic Variables in India and China; From: Handbook of Research on Economic and Political Implications of Green Trading and Energy Use
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Chapter 13
The Asymmetric Impact of Economic Growth, Energy Consumption, Population, and R&D on Carbon Emission in Turkey: Evidence From ARDL and Non-Linear ARDL
At its simplest, economic growth is an increase in the production of goods and services in an economy. Economic growth is measured by the increase in the collective market value of additional goods and services produced using estimates such as GDP. Generally, but not necessarily, total gains in production are associated with increasing average marginal productivity.
Published in Chapter: The Asymmetric Impact of Economic Growth, Energy Consumption, Population, and R&D on Carbon Emission in Turkey: Evidence From ARDL and Non-Linear ARDL; From: Handbook of Research on Sustainable Development Goals, Climate Change, and Digitalization
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Chapter 4
Globalization and Economy: Growth, Development, and Financial System
Include changes in material production during a relative short period of time, usually one year; these changes can be to increase or decrease the total value (Mladen, 2015).
Published in Chapter: Globalization and Economy: Growth, Development, and Financial System; From: Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization
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Chapter 3
Autoregressive Distributed Lag Approach to External Credit and Economic Growth in Nigeria
An increase in the production of economic goods and services, compared from one period of time to another. It can be measured in nominal or real (adjusted for inflation) terms.
Published in Chapter: Autoregressive Distributed Lag Approach to External Credit and Economic Growth in Nigeria; From: Applied Econometric Analysis: Emerging Research and Opportunities
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Chapter 12
Critical Analysis of the World Economy and Deglobalization Processes in Times of Pandemic
It indicates that there is an increase in terms of income or of the goods and services that the
Published in Chapter: Critical Analysis of the World Economy and Deglobalization Processes in Times of Pandemic; From: Handbook of Research on Reinventing Economies and Organizations Following a Global Health Crisis
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Chapter 22
Energy Security and Economic Growth in South Asia: An Alternative Policy Option
Economic growth has also been driven by productivity gains. That measures how much each hour of worker time produces in output. Its free market economy encourages technological innovations.
Published in Chapter: Energy Security and Economic Growth in South Asia: An Alternative Policy Option; From: Handbook of Research on Economic and Political Implications of Green Trading and Energy Use
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Chapter 5
Drift in Research in Women Empowerment and NGOs: A Bibliometric Analysis of Scopus-Indexed Publications (1993-2022)
Economic growth is defined as a rise in the economy's capacity to create more products and services than it did the previous year.
Published in Chapter: Drift in Research in Women Empowerment and NGOs: A Bibliometric Analysis of Scopus-Indexed Publications (1993-2022); From: Corporate Sustainability as a Tool for Improving Economic, Social, and Environmental Performance
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Chapter 1
Value Creation, Innovation, and Entrepreneurship: Feedback Effects
The increase in the production of goods and services in a country during a period of time.
Published in Chapter: Value Creation, Innovation, and Entrepreneurship: Feedback Effects; From: Analyzing the Relationship Between Innovation, Value Creation, and Entrepreneurship
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Chapter 12
The Contribution of the Environmental Tax on the Reduction of Carbon Dioxide Emissions: An Exploratory Study in Portugal and Spain
The increase of the economic goods and services that a society produces and consumes in one period compared with a previous period.
Published in Chapter: The Contribution of the Environmental Tax on the Reduction of Carbon Dioxide Emissions: An Exploratory Study in Portugal and Spain; From: Taking on Climate Change Through Green Taxation
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Chapter 1
The Effect of Financial Inclusion on the Sustainable Development Goals: A Systematic Review
Economic growth is an increase in the production of economic goods and services in one period compared with a previous period. It can be measured in nominal or real (adjusted to remove inflation) terms. Traditionally, aggregate economic growth is measured in terms of gross national product (GNP) or gross domestic product (GDP), although alternative metrics are sometimes used.
Published in Chapter: The Effect of Financial Inclusion on the Sustainable Development Goals: A Systematic Review; From: The Role of Financial Inclusion for Reaching Sustainable Development Goals
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Chapter 13
Comparative Analysis: Across Cases, Categories, and Extension of OLI Framework Under Industry 4.0
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Chapter 4
Current Trends in Human Capital Formation
The measure of percent rate of increase in real gross domestic product (GDP) or real GDP.
Published in Chapter: Current Trends in Human Capital Formation; From: Human Capital Formation for the Fourth Industrial Revolution
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Chapter 14
Trend and Impact of Military Expenditure on Economic Growth in South Asia
Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another.
Published in Chapter: Trend and Impact of Military Expenditure on Economic Growth in South Asia; From: Handbook of Research on Military Expenditure on Economic and Political Resources
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Chapter 1
Re-Examining the Impact of Financial System on Economic Growth: New Evidence From Heterogeneous Regional Panels
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.
Published in Chapter: Re-Examining the Impact of Financial System on Economic Growth: New Evidence From Heterogeneous Regional Panels; From: Handbook of Research on Global Enterprise Operations and Opportunities
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Chapter 23
The Effect of Population, Public Investments, and Economic Growth on Regional Renewable Energy Consumption in Turkey: Dynamic Panel Data Analysis
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Chapter 7
Availability of Infrastructure Facilities in India: Prospects and Challenges
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. The economic growth rate is calculated from data on GDP estimated by countries´ statistical agencies. Investment in social and physical infrastructure increases potential output for all goods and services in the country and thereby facilitates economic growth process.
Published in Chapter: Availability of Infrastructure Facilities in India: Prospects and Challenges; From: Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development
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Chapter 25
An Overview of Population Growth and Sustainable Development in Sub-Saharan Africa
Is defined as an increase in per capita income of people in a given area over a period of one year.
Published in Chapter: An Overview of Population Growth and Sustainable Development in Sub-Saharan Africa; From: Handbook of Research on Sustainable Development and Governance Strategies for Economic Growth in Africa
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Chapter 4
Renewable Energy and Economic Growth: An Overview of the Literature
Real GDP per capita growth rates, usually measured at constant prices with respect to a base year.
Published in Chapter: Renewable Energy and Economic Growth: An Overview of the Literature; From: Customer Satisfaction and Sustainability Initiatives in the Fourth Industrial Revolution
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Chapter 23
Foreign Direct Investment in the Cement Industry of Turkey: Overall Contribution by Multinational Businesses and Potential Impacts on the Economy
Is the positive increase in the value of goods and services produced in a national economy. It is generally delineated as the GDP growth. GDP is the total value of goods and services produced in an economy over the course of a period, generally one year.
Published in Chapter: Foreign Direct Investment in the Cement Industry of Turkey: Overall Contribution by Multinational Businesses and Potential Impacts on the Economy; From: Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance
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Chapter 7
Dynamics of Public Expenditure on Defense and Economic Growth Pattern in Developed and Developing Countries
Economic growth means an increase in the amount of goods and services produced per head of the population over a period of time. It refers to the rise in the value of everything produced in the economy. It implies the yearly increase in the country’s GDP or GNP, in percentage terms. It alludes to considerable rise in per-capita national product, over a period (i.e., the growth rate of increase in total output) must be greater than the population growth rate.
Published in Chapter: Dynamics of Public Expenditure on Defense and Economic Growth Pattern in Developed and Developing Countries; From: Handbook of Research on Military Expenditure on Economic and Political Resources
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Chapter 5
The Importance of Aging in the Innovation Process of Organizations
It consists of the increase in the production of one or several economic units over one or several periods. Such an increase presupposes the nation's enrichment and improving the standard of living.
Published in Chapter: The Importance of Aging in the Innovation Process of Organizations; From: Examining the Aging Workforce and Its Impact on Economic and Social Development
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Chapter 3
The Impact of Infrastructure on Growth in Developing Countries: Dynamic Panel Data Analysis
It is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another. Economic growth could be measured nominally or really with eliminates the effect of inflation.
Published in Chapter: The Impact of Infrastructure on Growth in Developing Countries: Dynamic Panel Data Analysis; From: Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development
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Chapter 4
The Relationship Among Military Expenditure, High Technological Product Exports, and Economic Growth: An Econometric Analysis for Selected Economies
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Chapter 15
Financial Development and Economic Growth: Panel Data Analysis
An increase in the capacity of an economy to produce goods and services, compared from one period of time to another. Economic growth can be measured in nominal terms, which include inflation, or in real terms, which are adjusted for inflation. For comparing one country's economic growth to another, GDP or GNP per capita should be used as these take into account population differences between countries.
Published in Chapter: Financial Development and Economic Growth: Panel Data Analysis; From: Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance
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Chapter 13
Trade Liberalization, Infrastructure Development, and FDI in India and China
Economic growth of a nation is generally measured by the growth of per capita income or real GDP. It provides the first hand measure of the level of standard of living of the population of a particular nation. Economic growth captures only the GDP or income growth and so it is a necessary but not a sufficient condition for development of a nation.
Published in Chapter: Trade Liberalization, Infrastructure Development, and FDI in India and China; From: Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development
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Chapter 13
Evaluating the Role of Research and Development and Technology Investments on Economic Development of E7 Countries
It is calculated the difference between gross domestic product amount of the country in different periods. It is accepted as the most important indicator of the economic performance of the countries.
Published in Chapter: Evaluating the Role of Research and Development and Technology Investments on Economic Development of E7 Countries; From: Organizational Transformation and Managing Innovation in the Fourth Industrial Revolution
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Chapter 6
India's Trade and Development Strategies With BRCS, EAC, and SCO in the Era of Globalization
An increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.
Published in Chapter: India's Trade and Development Strategies With BRCS, EAC, and SCO in the Era of Globalization; From: Regional Trade and Development Strategies in the Era of Globalization
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Chapter 3
Social Entrepreneurship and Income Distribution
The increase in the production of goods and services in a country during a period of time.
Published in Chapter: Social Entrepreneurship and Income Distribution; From: Handbook of Research on Social Entrepreneurship and Solidarity Economics
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Chapter 8
Technological Change and Innovation in Latin American Emerging Economies: The Pork Industry of Antioquia, Colombia
The increase of the relative performance of an economy, given by the improvement of different measures such as GDP, GNI, and others.
Published in Chapter: Technological Change and Innovation in Latin American Emerging Economies: The Pork Industry of Antioquia, Colombia; From: Handbook of Research on Economic Growth and Technological Change in Latin America
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Chapter 11
Economic Growth and Changes in Public Expenditures of the States in the Time of the COVID-19 Pandemic: An Assessment of Development Level Based on Country Groups
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Chapter 14
Towards a Restructured Theorization of Development and Adaptability for the Post-COVID-19 Era: The Stra.Tech.Man Approach
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Chapter 3
Defense Expenditure and Economic Performance in SAARC Countries
Economic growth means an escalation in the amount of goods and services produced per head of the population or per capita GDP over a period of time. It refers to the rise in the value of everything produced in the economy. It implies the yearly increase in the country’s GDP or GNP, in percentage terms. It indicates to considerable rise in per-capita national product, over a period, i.e. the growth rate of increase in total output, must be greater than the population growth rate.
Published in Chapter: Defense Expenditure and Economic Performance in SAARC Countries; From: Handbook of Research on Military Expenditure on Economic and Political Resources
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Chapter 6
Left-Wing Extremism From the Indian Perspective: An Econometric Interpretation
It can be defined as the increase in the capability of an economy to produce goods and services from one period to another. It can be measured either in nominal terms or in inflation adjusted real terms. Typically, GDP or GNP is taken as a measure of economic growth. In notational terms, GDP growth rate, g t , AU54: Mathtype 7 where, t indicates the particular time point.
Published in Chapter: Left-Wing Extremism From the Indian Perspective: An Econometric Interpretation; From: Encyclopedia of Criminal Activities and the Deep Web
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Chapter 16
Relationship Between Military Expenditure, Economic Growth, and Social Expenditure in India, China, and Bangladesh
Economic growth of a nation is generally measured by the growth of per capita income or real GDP. It provides the first-hand measure of the level of standard of living of the population of a particular nation. Economic growth captures only the GDP or income growth and so it is a necessary but not a sufficient condition for development of a nation.
Published in Chapter: Relationship Between Military Expenditure, Economic Growth, and Social Expenditure in India, China, and Bangladesh; From: Handbook of Research on Military Expenditure on Economic and Political Resources
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Chapter 7
Implications of the African Continental Free Trade Agreement (AfCFTA) on the Economy of African States
Is the increase in the market value of the goods and services produced by an economy over time.
Published in Chapter: Implications of the African Continental Free Trade Agreement (AfCFTA) on the Economy of African States; From: International Firms’ Economic Nationalism and Trade Policies in the Globalization Era
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Chapter 10
Institutional, Economic, and Social Impacts of Globalization and Liberalization: Financial Performance Analysis in the Context of Globalization – An Analysis for the EU and Turkey
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Chapter 10
Financial Innovation: Accelerating Financial Inclusion in South Asia
The increase in the production of goods and services in an economy in comparison with last year.
Published in Chapter: Financial Innovation: Accelerating Financial Inclusion in South Asia; From: Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech
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Chapter 2
Global Market Trends
The increase in the market value of the goods and services produced by an economy within a given time period; it is measured as the percentage rate of increase in real gross domestic product.
Published in Chapter: Global Market Trends; From: Handbook of Research on Global Business Opportunities
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Chapter 7
A Study on the Impact of Digitalization on SME Growth
Economic growth is an increase in national income per capita, and it involves analyses especially in quantitative terms, with a focus on the functional relationships between the endogenous variables. In a broader sense, it involves an increase in GDP, GNP, and NI, which results in an increase in national wealth, including the production capacity, expressed in both absolute and relative size, per capita, as well as structural changes to the economy.
Published in Chapter: A Study on the Impact of Digitalization on SME Growth; From: Drivers of SME Growth and Sustainability in Emerging Markets
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Chapter 8
Role of Information Technology and Its Perspectives in Research and Development of Economy
Increase in the production of economic goods and services, compared from one period of time to another.
Published in Chapter: Role of Information Technology and Its Perspectives in Research and Development of Economy; From: Transitioning From Globalized to Localized and Self-Reliant Economies
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Chapter 19
The Impact of Global Economy and Global Liquidity on Domestic Economic Growth
Economic growth is the increase of a country's gross domestic product compared to the previous period.
Published in Chapter: The Impact of Global Economy and Global Liquidity on Domestic Economic Growth; From: Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization
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Chapter 20
Technology and Entrepreneurship Development: The Perspective of Malaysia
Economic growth refers to the sustained increase in a country's real gross domestic product (GDP) over a specific period, indicating the expansion of its overall economic output and productive capacity. It signifies the ability of an economy to generate more goods and services, create employment opportunities, raise living standards, and improve the overall well-being of its citizens ( Mankiw, Romer, & Weil, 1992 ).
Published in Chapter: Technology and Entrepreneurship Development: The Perspective of Malaysia; From: Handbook of Research on Designing Sustainable Strategies to Develop Entrepreneurial Intention
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Chapter 3
Globalization and Trade in the Post-Covid World
Increase in the production of economic goods and services, compared from one period of time to another.
Published in Chapter: Globalization and Trade in the Post-Covid World; From: Transitioning From Globalized to Localized and Self-Reliant Economies
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Chapter 1
The Causality Relationship Between Natural Gas Consumption and Economic Growth in Caucasus and Central Asian Economies With Natural Gas Exporters
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Chapter 2
Military Expenditure, Economic Growth, and Foreign Policy Implications: The Case of Ghana and Nigeria Within the ECOWAS, 1986-2016
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Chapter 11
The Nexus Between Population Aging, International Trade, Foreign Direct Investment, and Economic Growth in G20 Countries: A Panel Vector Autoregressive Analysis
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Chapter 11
Social Organizations in Health: Public-Private Facilities Management
An increase in real gross domestic product, which means an increase in the value of national output/national expenditure. Economic growth is an important macroeconomic objective because it enables increased living standards and improved tax revenues, and helps to create new jobs.
Published in Chapter: Social Organizations in Health: Public-Private Facilities Management; From: Human Rights, Public Values, and Leadership in Healthcare Policy
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Chapter 3
Early Childhood Investment for Future Economic Growth and Industrial Development in Tanzania
Is defined as an increase in the production of economic goods and services, compared from one period of time to another.
Published in Chapter: Early Childhood Investment for Future Economic Growth and Industrial Development in Tanzania; From: Handbook of Research on Nurturing Industrial Economy for Africa’s Development
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Chapter 3
Financial Inclusion Literature Review: Definition, Measurement, and Challenges
Economic growth is defined as an increase in the amount of goods and services produced of the population over a period of time. It can be supported by financial inclusion as a policy measure is important because it not only helps the underprivileged with access to and use of financial services but also paves the way for economic growth and helps in increasing efficiency and maintaining stability in an economy.
Published in Chapter: Financial Inclusion Literature Review: Definition, Measurement, and Challenges; From: The Role of Financial Inclusion for Reaching Sustainable Development Goals
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