What factors affect world economic growth?

World economic growth refers to the analysis of factors that contribute to the growth of the economy from a global point of view or negatively grow economic growth. There are many factors contributing to the growth or lack of growth of world economies, including education, politics, health and transport. All these factors in some way affect global economic growth.

One of the main factors that affect world economic growth is human capital in the form of education. The value of education to achieve a greater contribution of world economic growth from different countries in the world can be observed through an analysis of economic growth in countries with a large percentage of highly educated people, unlike a country with less. Education is considered to be part of human capital, because solid education usually brings a return in the form of education to activities that help the development of the economy. People with education are often Morotes likely to use their skills to develop business thoughtEnek, which will lead to the establishment of specialized companies. These companies serve useful purposes such as establishing subsidiaries in other countries, employing people from different countries, paying taxes and general support of world economic growth.

Political stability is essential for world economic growth, because when several countries are experiencing political unrest, the income that they would acquire from these countries would lose. For example, if a country has a number of natural resources that it cannot use due to political disputes, the world economy would feel an impact in terms of loss of employment from these industries and income that would be realized from the sale of resources on the local and international markets. The country would also be a drainage country because of the burden that the citizens of this country put on them as a result of assistance and other forms of financial and material assistance they will require.

Another dAn important factor that affects world economic growth is health, another part of human capital because of the fact that any investment in the individual's health will bring expectations of better health and greater productivity. Diseases in some countries affect the growth of their economy as a result of higher mortality in these places and loss of labor. The good transport network, which is the product of sound infrastructure management, also contributes to economic growth.