Economic Growth

Why it matters

• It serves as a primary indicator of an economy's productive capacity and its ability to generate wealth.
• It provides the necessary fiscal space for governments to fund public infrastructure, social welfare programs, and human capital development.
• It is a fundamental driver for poverty reduction by creating employment opportunities and increasing per capita income levels.

How it is asked

Focus on the distinction between economic growth and economic development, the role of capital formation and technological progress, and the challenges of achieving inclusive and sustainable growth within the framework of the Sustainable Development Goals.