Question
Country A, a developing economy, has experienced a
significant increase in foreign direct investment (FDI) in recent years. This has led to the establishment of new industries, increased exports, and higher employment rates. However, there are concerns about the environmental impact of rapid industrialization and the potential for income inequality. Which of the following is the most comprehensive measure to assess the overall economic well-being of Country A, taking into account both the positive and negative effects of FDI?Solution
While GDP and GNI measure economic output, they do not account for environmental costs or income distribution. Green GDP attempts to incorporate environmental factors, but the GPI is the most comprehensive measure as it considers economic, social, and environmental factors, including income inequality and the depletion of natural resources.
Which two organisations signed the technology transfer agreement for the tuberculosis vaccine candidate MTBVAC?
On which day of March is Earth Hour observed annually?
The term āevergreening of loansā refers to:
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How much money has been raised by REC Ltd through the issuance of green bonds?
The Home ministry has constituted a three-member team to inquire into serious security breach during Prime Minister Narendra Modi's visit to Punjab. It ...
Who has been appointed as the MD and CEO of Maruti Suzuki ?
