Why Do We Have Low Levels of Human Development & Social Development?

Dr VBJ Rao Chelikani   Normally any emerging national economy in good management should grow in double—digits, almost mechanically, without having to acknowledge the genius of any particular finance minister. China, Brazil, South Africa, Nigeria, and all the South-East Asian countries, which have initially performed ‘economic miracles’ are good examples of this phenomenon. This has happened, already in the case of West European countries after the end of the 2nd world war. They enjoyed three decades of unprecedented growth and prosperity. …