ESSAY# 9

9- HUMAN DEVELOPMENT AND ECONOMIC SUSTAINABILITY

1- INTRODUCTION

Human development and economic sustainability are interlinked. If one factor is raised the other finds strength and vice versa. This clearly shows that economic sustainability is dependent upon human development. Which obviously means that these are binary or mutual growth factors.

Circulation of wealth and abundant resources is the basic prosperity of a nation. This qualifies humans for development and gives strength to economy. And almost everywhere in the entire world this is the format of economic sustainability.


2- HUMAN DEVELOPMENT AND ECONOMIC SUSTAINABILITY - AN ANALYSIS ABOUT THIS CONNECTION

2.1- Mutually Dependent On Each Other For The Provision Of Rights

Human development and economic sustainability are mutually dependent on each other regarding the provision of rights to the citizens of a state. If a society is having a developed humanity, economic sustainability is sure in relation to this ratio. Where the rights will be fully given and needs will be fully met because of the self-sufficient citizenry.

2.2- Giving The Citizens A Whole-Sole Power Of Citizenry

Providing the citizenry with it's whole-sole power is a prime objective of the economic sustainability. This spreads progress across the entire state as much as possible and collects the contributions of such citizens in a relative regard. Which actually stems out from the Human development giving strength to economic sustainability.

2.3- Backbone Of The States As It Promotes Prosperity

A sustainable economy is the backbone of a state giving support to the rest of all of the state's concerns. The development of a state depends upon the economy. And the onward economic sustainability roots out from the human development qualifying a state for the rest of the affairs and dealings. Which currently is the stereotype of all the developed states of the world alone.

2.4- Rooting Genuine Democracy And Good Governance

Economic sustainability related to human development roots genuine democracy in states and provides a smooth platform for good governance. Institutional fairness and provision of justice is made sure, where in economic growth is given a priority. Which becomes the source of the welfare and goodness of the entire society.


3- HUMAN DEVELOPMENT AND ECONOMIC SUSTAINABILITY - PLACES WHERE WE SEE FAILURES

3.1- Taxes On The Citizens And Loans Across The States

Increasing the ratio of taxes each year on the citizens, and taking more and more loans frequently from the rich others set the economies on the path of decline and lack of financial prosperity. This trend is most common in the developing countries, especially like the known countries in Asia including Pakistan. Which is an obvious but unnoticed failure until now for the struggling economies.

3.2- Less Employment Opportunities And Poverty

Inflamed unemployment and increasing poverty along with the absence of their reduction strategies counts both on the part of the government and citizens there in. Because of these two factors money is not earned properly and needs are not met easily. Which is not backing up any human development. And thus we suffer from the lack of economic sustainability.

3.3- Lack Of Just Fairness (Due To Corruption) And Lack Of Proper Access To It

Just fairness validates both inner peace and outer peace beating both inner turmoil and outer turmoil respectively. However, because of bad luck we have the deficiency of just fairness. And there in the additional weakness of limited access to it. Which is even not making any sense in the intended point. Loss of time, lack of proper management, and wasting more resources for lesser goodness, all contribute to degenerate the backbone ( economies ) of the suffering states.

3.4- Less Focus On The Circulation Of Wealth And Abundance

Spotlight on the proper circulation of money is absent. If we have the absence of proper circulation of wealth and abundance. We can not move ahead with progress. This curse is limiting our capacity for growth, makes us live in problems at the present, and keeps our potential weak for making ourselves secure for the future. Which are all related to the lack of human development and economic sustainability as a sound blessing.



4- HUMAN DEVELOPMENT AND ECONOMIC SUSTAINABILITY - REASONS OF THESE FAILURES

4.1- Lack Of Accountability Procedures

Procedures needed for the accountability of corrupts and the absence of such procedures put responsibility on the accountability bureau. However, such self-centered bureau are not restricting the uncontrollable lawless earnings of black money. Which is obvious and most clear reason of the lifeless human development, aimed to give growth to economic sustainability.

4.2- Less Awareness Among The Public And More Reliability On The Imported Money

Imported money in the form of loans or foreign assistance with a claim for inland developmental projects channel such this money mostly into deficit reduction and subsidies. However, such money is further narrowed for personal gains and personal comfort. Where in the less aware citizens are made victims for the return of this imported money in the form of paying taxes to governments.

4.3- Lesser And Lesser Homegrown Money

When an economy is not finding boost on domestic basis. It obviously proves the fact that homegrown production and homegrown circulation of money is lesser and lesser with time. This happens when the time passes, industries are set free on idle basis inside a country, and dependence increases with time on the imports. No state/society can raise money in such situations - domestically.

4.4- No Strategies For The Circulation Of Money To The Fullest

No properly made strategies are available in most of the societies for the circulation of money to the fullest. If this goal is achieved, this will heal most of the issues of societies setting societies on the route of success. However, if we overlook this point, the situation can further get complicated and worst making the economic sustainability a fantasy - unachievable.


5- HUMAN DEVELOPMENT AND ECONOMIC SUSTAINABILITY - MEASURE FOR RESETTING THE CONDITIONS

5.1- Adopting Preserving Procedures For Economies

Economies in resetting the conditions for it's sustainability should be preserved for straightening the path towards progress. This requires regular checks on the economic progress and dedicated efforts to secure good economic results. Which will be the actual qualifying experience due to the adopt-apply of the preserving procedures to take care of the economies of a states/societies.

5.2- Working For The Economic Prosperity And Keeping The Citizens Safe

Adding efforts to economic prosperity must be one of the primary goals of the governments. Sustainable economy uses to be the backbone of a state/society. And taking care of this backbone of the states is obviously going to set the citizens on sound terms and conditions. Which is a major help to reset the conditions for economic sustainability.

5.3- Making Fair Economic Dealings A Top Priority And Ensuring Such Dealings

Making economic dealings a top priority and ensuring such economic dealings is crucial. This will facilitate a lot to the economic forum and a lot can be secured from this priority. It will also make the relative goals easy to rock. And finding feasibility will turn the coin over on the lucky facet.

54- Taking Assistance From Enriched Abroad Economies - Especially Chinese

China has the potential to provide assistance to abroad states. This potential of Chinese economy, as we know, is so much excessively enriched that in return currently a needed Economic Super Power is soon going to raise. Instead of hard powers across the world, dependence on the soft power of China is soon going to transform the fortune of the rest of the world for the betterment. Which is actually the basic and best form of resetting the conditions for economic sustainability.




6- HUMAN DEVELOPMENT AND ECONOMIC SUSTAINABILITY - HOPES FOR A SOLID FUTURE BASED ON SOLID ECONOMIC SUSTAINABILITY

6.1- Valid Economic Prosperity And Self-sufficient States/Societies

Authentic economic prosperity is a public right of each nation - possible with liability been put on the economic associations and economic forums to carry on a valid legacy of the economic sustainability. The aforesaid measures are primarily for the purpose of realizing a valid economic prosperity and making the states/societies self-sufficient economically.

6.2- Potential Codes In Economies For A Successful Economic Future

Successful economic future depends upon the potential of economies. These exist in the form of "codes like" in economies. To bring foreth such successful future of economies, these codes have to be reared and cherished. Which will fullfil the concerned job when budding. And will give strength to the lifestyle in different states/societies.

6.3- Countless Opportunities For The Welfare Of States/Societies

When the economic future will be sustainable as this essay aimed to get dedicated towards this goal so far. Countless opportunities will be found, met, and benefitted from, for the welfare of states/societies. All the citizens will start a life they desired and needy so far. This will fasten resetting the economic conditions for a future full of opportunities.

6.4- Legacy Of Economic Sustainability In Our Firm Grip

All this facilitates an easy and firm grip to us over the sustainable economies. Reset life will be a blessing for the global public - giving them happiness of living a refreshed sustainable life, making the strategies work well and will eliminate all the boredom of the economies at deficit now-a-days.


7- CONCLUSION

Human development not only ensures economic sustainability. It is also the development of the rest of the state affairs. As it is casting it's shadow on all the state affairs . So, it is easily covering the rest of the concerns needing focus of the relative states and societies. Hence a sustainable economy is called a healthy and stern backbone of the states/societies.

If we have to take in focus all the aspects of our states and societies, we should not get into overlooking human development - supporting a whole state/society.

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"Success is not final, failure is not fatal: it is the courage to continue that counts" Winston Churchill