Economic growth is a major source of wealth creation at the
national and international level. It elevates a nation's standard
of living as well as being able to lift it out of poverty. With
suitable guidance on population growth, fiscal soundness,
environmentally sustainable development and resource use, an
acceptable distribution of income and a constant rate of technical
progress, economic growth will always have a quantitative, as well
as a qualitative dimension, both of which improve general living
conditions and individual growth. This book argues that a key
driver of economic growth among nations or regional economic
entities is an intrinsic, ongoing, perpetual and historically
observable rivalry to propel a state's standing, prestige, power
and economic performance through getting ahead of or not to fall
too much behind its rivals in a pecking order.
General
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