Essay on Indicators of Development

Essay on Indicators of Development

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The Merriam-Webster Dictionary defines development as the act or process of growing or causing something to grow larger or more advanced. We live in a world that is continuously developing, in ways that we cannot even begin to try to describe. Nonetheless, The World Bank measures indicators of development. To do this, they look at three-hundred and thirty-one different indicators which cover a vast number of areas, including agriculture, aid effectiveness, climate change, economic policy, education, energy and mining, environment, the financial sector, poverty, science and technology, social development, and urban development. The World Bank’s World Development Indicators data is has been used for over fifty years as the standard by which development is measured. While this list may seem like a comprehensive, all-inclusive list, it does not consider the idea of sustainable development. While development for the sake of advancement may seem like a good option for an undeveloped country, it can be argued that development that is not sustainable is not development at all, but merely the illusion of one.
According to the International Institute for Sustainable Development, sustainable development is defined as development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs. If we follow this definition, it becomes easy to see that the vast majority of the “developed” world has not, and is not developing sustainably. The idea of sustainable development requires us to consider how our action of developing will affect other countries, and future generations. Many people believe in “the butterfly effect”, where the flapping of a butterfly’s wings in one part of t...

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...economic, political, agricultural or any other area of a country and determine how developed it is. However, this way of looking at development gives us a skewed, unfinished view. In order for us to truly be able to measure development, we need to first ensure that we are measuring only sustainable development that does not hurt the potential development of generations to come.

Works Cited
Robinson , Mary. "Ignore Climate Change at Your Peril."Social Europe Journal. N.p., 14 Jan
2014. Web. 19 Jan 2014.
"Indicators of Development." The World Bank. N.p.. Web. 16 Jan 2014.
"Indicators of Sustainable Development: Guidelines and Methodologies." . United Nations, n.d.
Web. 17 Jan 2014.
"What is Sustainable Development?." International Institute for Sustainable Development. N.p.. Web. 19 Jan 2014.
"We Can End Poverty ." United Nations. N.p., n.d. Web. 19 Jan 2014.

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