General Theory of Relativity for Development Economics - Open Access Library Journal

OALibJ > Vol.3 No.3, March 2016

General Theory of Relativity for Development Economics ()

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DOI: 10.4236/oalib.1102535 1,016 Downloads 2,228 Views Citations

Author(s)

Jiancheng Liu

Affiliation(s)

Dongfang Boiler Co., Ltd., Zigong, China.

ABSTRACT

This is a paper concerning the general national income, and on the basis of expounding the basic connotation of the scientific outlook on development, it discusses why the economic development is the central link in the development of human society; it puts forward the general formula of economic development from the equation of general national income, the matter growth equation, and the development speeds of China’s economy, and clarifies the special formula of economic development from seven aspects as the economic growth pattern, the value of natural resources, the role of capital in economic growth, the contribution of the total factors to economic growth and so on; the paper analyzes the current situation of the economic development in America, Europe, Asia and Africa, and especially analyzes the situation of China; at last, the paper puts forward the enlightenment of China’s economic development by using the general formula of economic development and the special formula of economic development.

KEYWORDS

Scientific Outlook on Development, General National Income, Matter Growth Equation, Economic Growth Patterns

Share and Cite:

Liu, J. (2016) General Theory of Relativity for Development Economics. Open Access Library Journal, 3, 1-13. doi: 10.4236/oalib.1102535.

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