Yesterday, I received one message from my friend about economic growth. A CEO of Euro Bank Ltd. told something different about GDP and economic health. He said that cyclist is a disaster for the country’s economy… !! He does not buy car, no loan for that,no insurance, no fuel, no need of servicing and repairs, no parking fees.? Though they are healthy but they are not helpful to boost economic health of the country.. !! I have a different mindset for that because a cyclist has good health, reduce air pollution and noise pollution, less expensive, without fuel, no extra services, more uses of public transports for far destinations. Though I am not used to go with cycle but I should do that first.. !
Few countries in Europe are very famous for the cyclists. Netherlands is most favourite in the list. Many other countries are following and they prevent nature by maintaining those non-economic factors really well. They have enough natural resources with purity. I think GDP or economic growth should not be calculated by unnecessary expenses but by the healthy growth of nature. In future, this non economic growth will be more important when less availability of pure natural resources.Many developing countries are struggling to provide enough basic needs to their citizens and they need more concern to get a clean water, pure air, good food, etc.
Our Life is based more with those non economic relations than purchasing power of us and it will remain like that always..
Thank you so much.