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2020 | 49 | 1 | 51-59

Article title

Development, what does it really mean?

Content

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Abstracts

EN
“Development” is the most commonly used single word by economists, policymakers, inter-national financial institutions and politicians. Although, as a polysemic word, “development” has different meanings - it is used largely to describe an improvement in the quality of life of people. Initially, development was perceived as the growth of domestic, national or individ- ual income. Over time, the perception of development was broadened, and now it encompasses various dimensions in defining development. In addition to the traditional economic elements, it includes many socioeconomic and political dimensions such as poverty, inequality, unem- ployment, freedom, democracy, dignity, self-respect and self-esteem. UNDP defines develop- ment as a process of enlarging people’s choices, while Sen defines it as a process of expansion of freedoms. These choices or freedoms lead to an improvement in the quality of life of people and there is no argument about that. However, as I perceive it, development is not a process as considered in terms of traditional and modern development ideologies, but a superior status that human beings strive to capture or reach. Expansion of choices or freedoms and the elimi- nation of poverty, inequality, etc. are the processes that convey people to the development. The policies and programs drawn up to achieve the improvement of so-called choices or free- doms are the instruments that expand the processes. These processes will end when the entire human society reaches the so-called pinnacle of development.
PL
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Year

Volume

49

Issue

1

Pages

51-59

Physical description

Contributors

  • Department of Economics, University of Kelaniya, Sri Lanka

References

Document Type

Publication order reference

Identifiers

Biblioteka Nauki
1592387

YADDA identifier

bwmeta1.element.ojs-doi-10_18276_ap_2020_49-05
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