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Economics/Development Economics

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Question
1)What are the basic differences between economic development and economic growth?
2)How would you define economic development and economic growth?

Answer
Growth means your nation has more stuff.  Development means your nation is able to use that extra stuff to improve average quality of life.

Growth is measured using GDP, GNP, GNI, and other measures of quantity.  Development is measured using HDI, GNH, QLI, and other measures of quality.

Economics

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Michael Taillard

Expertise

Accepts most economic questions

Experience

Consulting with major corporations, government agencies, political organizations, small businesses, non-profits, start-ups, and even individual people. Teaching at universities around the world, and developing original coursework. Performing original research and analysis. Writing books and scientific studies.

Organizations
American Economics Association

Publications
http://www.barnesandnoble.com/s/michael%20taillard You can also check Proquest for a small selection of my research.

Education/Credentials
PhD (Financial Economics; honors) -- MBA (International Business Finance; honors) -- Grad School Certificate (International Business Management; honors) -- BS (International Business Economics; honors) -- AA (Business Administration; honors) -- Certificate (Chinese Language and Culture) -- Trade School (Transportation Logistics; honors)

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