one is economic growth, one is economic development. economic growth is essential to achieve economic development. without economic growth, economic development is not able to achieved.
economic growth is defined as an increase in the total goods and services in the society, i.e. an increase in the GDP. economic development is an increase in the GDP plus an increase in the citizen's living standard. an improving in living standard is essential here, like improve health care, education, infrastructures, etc.
achieving economic growth is not simple equal to economic development.
本人的看法:实质上,经济增长与经济发展没有太多的差别。它们都包含两种变动形式:伴有结构变化的产出增加和不伴有结构变化的产出增加(growth with structure change & growth without structure change)。一直以来,主流文献否认发达国家宏观经济长期变动中存在经济结构变化。对此,我认为值得商榷。理由很简单,美国经济存在着信息化这样的产业结构升级。但是,如果按照主流定义的三大产业结构变化来衡量的话,这就不是经济结构变化了。