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Growth and welfare must go hand-in-hand; growth per se does not solve the poverty problem. What does this statement mean for Zambia? Discuss.  

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NATIONAL INSTITUTE FOR PUBLIC ADMINSTRATION, NIPA Lusaka, Zambia In submission for the partial completion of the Post-Graduate Diploma in Management Studies for NIPA NAME: Paddy Siyanga CLASS: Diploma in Management Studies (Semester III) SUBJECT: Development Administration DUE DATE: 5 May 2003 ASSIGNMENT ESSAY Growth and welfare must go hand-in-hand; growth per se does not solve the poverty problem. What does this statement mean for Zambia? Discuss. INTRODUCTION According to World Development Indicators report 2002 of the World Bank, growth refers to the economic enhancement of a nation with regards to the size of its economy. Population, land area, income and output are the basic measures of a size of the economy. They provide a broad indication of actual and potential resources. Therefore, population, land area, income - as measured by Gross National Income (GNI) - and output - as measured by Gross National Product (GDP) - are used in most development indicators to normalise other indicators. Economic growth rate is the...

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