1 resultado para Trade in services
em Indian Institute of Science - Bangalore - Índia
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Resumo:
The quest for prosperity has been a central motive in the life of man from the moment of his entrance into the worldly scence. And certain, it is that the issue of prosperity at the very cost of his very existence has mounted in intensity and urgency with the unforeseen evolution of industrialization. The traditional paradigm of prosperity has been resting on the classical theory of production economics.With increasing empiricism it is obvious that the rational model fail to grapple with the complexity of the concept. The paper addresses the prosperity as an goal state resting on the conviction of harmony between present generation and generation of humans to come. Sustainable prosperity involves more than growth in services/goods. It requires a change in the content of the growth, to make it less material-and energy-intensive and more equitable in its impact. The process of economic prosperity must be more soundly based upon the realities of the stock of capital that sustains it.