You should spend about 40 minutes on this task.
Some people think that economic progress is the only way to measure a country’s success, while others think that there are other factors which can be used to measure a country’s success. What are these factors? And among them, which one is more important than others? Give reasons for your answer and include any relevant examples from your own knowledge or experience.
You should write at least 250 words.
Nowadays, many experts and global organisations are finding a united definition of a country’s success. It is believed that economic development as GDP growth will illustrate the achievement of a country. Meanwhile, some people put forward the idea that besides this factor, the existence other features that have a stronger impact on that. As far as I am concerned that the latter opinion should receive more support.
First, it is obvious that for most countries, the political institution plays a critical role in creating a country’s all-round development. This is because it might be a momentous leadership promoting the progress of others important areas such as education, economics, equal and safe society, science and technology. If a country exists in an undemocratic regime, it might be able to lead to the corruptible problem, social inequality, and even occurring advocacy groups phenomenon in the political environment and that means the country do not keep pace with the fast-paced development of globalisation and therefore impeding the country’s economic and social growth. This is particularly important in poor countries like Haiti, South Korea, Congo and so forth.
That is not to say that economic progress is not an assessment of a nation’s success. It is due to the fact that economic factor exerts an essential influence on mirroring the successful level of countries in the world. For example, today’s economists and governments have still used GDP, GNP and CPI index in order to estimate countries’ development. However, once a nation gives priority to accelerate the economics, this may lead to increasing the gap between the poor and the rich, high inflation, economy-based crimes, and unstable society. So, governments should choose a stable growth corresponded with prosperous society and economy.
In summary, the country should create the sustainable and successful progress in many areas based on the collaborative and democratic institution and thus by making the society more prosperity and happiness. Meanwhile, we should not neglect to invest effectively in economic development.