Reflections on Development - Part 2: Beyond GDP - Measuring Material Progress and Well-being
Reflections on Development 1 Reflections on Development - Part 1: What 'Development' Truly Means 2 Reflections on Development - Part 2: Beyond GDP - Measuring Material Progress and Well-being 3 Reflections on Development - Part 3: The Human Element - Investing in the 'Creativity of the Poor' 4 Reflections on Development - Part 4: The Cultural Context - Institutions, Values, and Sustainable Change 5 Reflections on Development - Part 5: The Synthesis - Turning Reflections into Collective Action ← Series Home Key Takeaways The Consumption Trap: A nation might appear “developed” because its citizens use modern technology, but if it can’t produce these tools, it’s merely a wealthy consumer. Technology Transfer Illusion: Buying a factory without the underlying knowledge makes it just a “metal box” we don’t truly own. Green Industrial Revolution: Shift from heavy, imported industry toward renewable local resources. Rural Industrialization: Build small-scale, high-tech industries in rural areas processing local materials. From Scarcity to Abundance: Stop feeling “poor” for lacking Western machinery; recognize the untapped richness in local resources. In our previous post, we discussed the need to redefine what “development” means philosophically. Now, we move to the hard numbers: The Economy. When we talk about a country’s success, we almost always point to the Gross Domestic Product (GDP). If the number goes up, we celebrate. But Dr. Hamed El-Mously argues that for developing nations, this metric can be a dangerous mask. It often hides a reality of deep dependency rather than true strength. ...