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INDIA STRUGGLING DESPITE RAPID GDP GROWTH

 
Emir 2019-03-20 11:21:04 

This is the economic development trap of third world societies- GDP growth but decrease in human development.

The picture is much less positive in other parts of the world, particularly South Asia, where a sustained drop in India’s well-being (now ranked 140th) is responsible for driving the region’s well-being decline. In fact, India performed so poorly and its population is so significant that it dragged down the entire global happiness levels.



The top 10 happiest countries are, as in previous years, dominated by the Nordic countries of Denmark, Norway, Iceland and Sweden, as well as Finland. And all but two of them, New Zealand and Canada, are in Europe.


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problemjay 2019-03-20 19:28:06 

Well countries like India and China you have to measure differently in terms of their rapid GDP growth and citizens quality of life. Unlike most countries these countries have huge populations (both countries alone will account for more than 30% of the world population) so that means it will take much more years of GDP growth to get their poverty rate much lower and give the average citizens a high quality of life.

But with that being said China has been successful in taking more than 20 million of their citizens out of poverty in the last ten years as their economy continue to grow(not sure what is the stat on India) so China at least is moving in the right direction.