Economic Growth and Development by Lei Sun

Economic Growth and Development by Lei Sun

Author:Lei Sun
Language: eng
Format: epub
ISBN: 9783030460990
Publisher: Springer International Publishing


5.2.1.2 Combination Development Approach in the Sustainable Economic Development Phase

Indicators of economic development may suggest transition towards the sustainable stage of economic growth. The indicators include the following:(1)Agricultural transformation is well commercialized. Cooperation and scale economy drive industrial development in association with smallholder farmers. Enterprises’ management can help to upgrade their value chain for both domestic and international markets. Industrial development needs to enhance structural changes in agricultural markets to upgrade value and quality from the global chain.



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