ECONOMIC GROWTH THAT IS BOTH SUSTAINABLE AND INCLUSIVE PROPELS PROGRESS, GENERATES DECENT EMPLOYMENT FOR EVERYBODY, AND RAISES LIVING STANDARDS

Authors

  • Anafiyaev Abdurashid Mamasidikovich Senior Lecturer in the Department of Organization of industrial production at Andijan Machine-Building Institute, Andijan, Uzbekistan
  • Shokirova Sarvinoz Oybekovna 3 rd year student justused02@gmail.com Economics Andijan Machine-Building Institute, Uzbekistan, Andijan city

Keywords:

Decent Work, ILO, Economic Growth, Developing Countries

Abstract

Economic growth is a requirement for expanding productive employment; it is the outcome of increased employment and labor productivity. The goals of people in their working life are summed up by decent work. As a result, the pace of economic expansion establishes the absolute limit within which employment and labor productivity may expand. However, the pattern or form of growth is also important. Arguments for economic growth that is both sustainable and inclusive can propel progress, generate decent employment for everybody, and raise living standards are presented in this article.

References

Decent work and the 2030 agenda for sustainable development, International Labour Organization, <https://www.ilo.org/wcmsp5/groups/public/---europe/---ro-geneva/---ilo-lisbon/documents/event/wcms_667247.pdf>

Forced labour, modern slavery and human trafficking, International Labour Organization, <https://www.ilo.org/global/topics/forced-labour/lang--en/index.htm>

“The international poverty line has just been raised to $1.90 a day, but global poverty is basically unchanged. How is that even possible?” Francisco Ferreira, Dean Mitchell Jolliffe, Espen Beer Prydz, October 04, 2015, The World Bank <https://blogs.worldbank.org/developmenttalk/international-poverty-line-has-just-been-raised-190-day-global-poverty-basically-unchanged-how-even>

Ethiopia Economic Update: Reform Imperatives for Ethiopia’s Services Sector, JUNE 11, 2018, The WORLD BANK, <https://www.worldbank.org/en/country/ethiopia/publication/ethiopia-economic-update-reform-imperatives-for-ethiopias-services-sector>

Solow Growth Model, an exogenous model of economic growth that analyzes changes in economic output over time, <https://corporatefinanceinstitute.com/resourc

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Published

2022-08-20

How to Cite

Anafiyaev Abdurashid Mamasidikovich, & Shokirova Sarvinoz Oybekovna. (2022). ECONOMIC GROWTH THAT IS BOTH SUSTAINABLE AND INCLUSIVE PROPELS PROGRESS, GENERATES DECENT EMPLOYMENT FOR EVERYBODY, AND RAISES LIVING STANDARDS. World Economics and Finance Bulletin, 13, 71-73. Retrieved from https://scholarexpress.net/index.php/wefb/article/view/1273

Issue

Vol. 13 (2022): WEFB

Section

Articles

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