S/E/30. Is Economic Development Significantly Different from Sustained Economic Growth?

This paper considers the concepts of economic development and economic growth in developing nations. It provides a comprehensive definition of economic development, gives an historical account of the term economic development, demonstrates how it is fundamentally different from economic growth, and yet is inexorably intertwined with it. It covers many of the recent and most important debates in development economics, such as Sen's concept of entitlements, human capital development, and the desirability of development in itself. In addition it asks questions of many of the concepts and generates new ideas.