Question

Is rapid economic growth affecting the environment?

Several countries that were very poor only a few decades ago have been experiencing rapid economic growth, and at least portions of those countries are approaching levels of economic development that are comparable to those in rich countries. Is the rapid economic growth that has taken place in China, India, and other countries good for the environment or bad?

Answer 1

Answer:-

The future is, as always, uncertain. withal, a decent deal of optimism is even. the massive and till recently growing gap between wealthy and poor nations is probably going to be temporary. It appears to be shrinking currently. We’ve reason to hope that may continue and even accelerate.

There will get to be sizeable adjustment within the 1st World. The redoubled costs for oil that square measure results of redoubled demand from China, India, and also the aggregation, illustrate the fundamental purpose that we are going to have to be compelled to share access to the world's resources. the primary World can have to be compelled to meet the challenge of reinventing the technology of a fashionable society in order that we are able to offer a cushty life vogue with fewer resources and fewer damage to the Environment.

Even the marginally well hep recognize that China has been growing speedily, quite doubling its economic output per person each decade, for concerning 3 and 0.5 decades. China has near one-quarter of the Third World's population, thus China's success may be a giant a part of the overall image. China's growth relies on labor-intensive industrial exports and is analogous to the rising of Japan, Asian nation, Taiwan, Hong Kong, and Singapore. thus China is following an evidenced formula that has speedily remodeled many aggregation nations into 1st World nations.

India is concerning one-fifth of the aggregation, and thru net outsourcing it's gotten fairly near super growth. India averaged near six and a 0.5 p.c per capita growth 2000-2011 per International Bank for Reconstruction and Development figures. Between China and India, forty-five p.c of the aggregation has a minimum of approached super growth. What was once the miracle of Japan so a couple of alternative East Asian Tigers has been the norm for pretty much 1/2 the aggregation.

While the remainder of the aggregation has not been doing quite yet they need been growing fairly speedily and faster than they need within the past. within the 2000-2011 amount per capita Gross Domestic Product, GDP, within the developing countries (low and middle financial gain combined) grew five-hitter p.a.. With combining which means doubling each fourteen years.