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Easy ISI promotes self sufficiency and strengthens local trade. Aggressive ISI has the tendency to create debt problems.
Amartya Sen believes that “growth is a means not an endâ€, Sen goes on to say that it is not even an efficient means for some ends. Sen believes that traditional economics focuses too much on GDP, and supply and demand, rather than “entitlements†of people and the “capabilities†these entitlements generate...
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Sen believes that traditional economics focuses too much on GDP, and supply and demand, rather than “entitlements†of people and the “capabilities†these entitlements generate. Entitlements are represent alternative commodities on can command using the rights or opportunities he has. If you have $500, you can get education, or healthcare, or job training worth up to $500...
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