Some people think that economic progress is the only way to measure a country’s success, while others think that there are other factors which can be used to measure a country’s success. What are these factors? And among them, which one is more important than others?

Nowadays, many experts and global organisations are finding a united definition of a provincial’s success. It is believed that economic advancement as GDP growth will illustrate the achievement of a rustic. Meanwhile, some people put forward the idea that
besides
this
factor, the existence other features that have a stronger impact on that. As far as I am concerned that the latter opinion should receive more support.
First
, it is obvious that for most countries, the political institution plays a critical role in creating a country’s all-round
development
.
This
is because it might be a momentous
leadership promoting
Accept comma addition
leadership, promoting
the progress of others important areas
such
as education, economics, equal and safe
society
, science and technology. If a country exists in an undemocratic regime, it might be able to lead to the
corruptible
Suggestion
corruption
problem, social inequality, and even occurring advocacy
groups
Suggestion
group
phenomenon in the political environment and that means the country do not keep pace with the fast-paced
development
of globalisation and
therefore
impeding the country’s economic and social growth.
This
is particularly important in poor countries like Haiti, South Korea, Congo and so forth.
That is
not to say that economic progress is not an assessment of a nation’s success. It is due to the fact that economic factor exerts an essential influence on mirroring the successful level of countries in the world.
For example
, today’s economists and governments
have still used
Suggestion
still use
are still using
were still using
GDP, GNP and CPI index in order to estimate countries’
development
.
However
, once a nation gives priority to accelerate the economics,
this
may lead to increasing the gap between the poor and the rich, high inflation,
economy
Suggestion
economic
-based crimes, and unstable
society
. So, governments should choose a stable growth corresponded with prosperous
society
and economy. In summary, the country should create the sustainable and successful progress in many areas based on the collaborative and democratic institution and
thus
by making the
society
more prosperity and happiness. Meanwhile, we should not neglect to invest effectively in economic
development
.
Submitted by Arjun Gogna on

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Topic Vocabulary:
  • gross domestic product (GDP)
  • holistic approach
  • subjective well-being
  • quality of life
  • human development index (HDI)
  • green economy
  • technological prowess
  • social cohesion
  • equality and equity
  • cultural vitality
  • political transparency
  • judicial efficacy
  • civil liberties
  • progress indicators
  • societal prosperity
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