This is a link to a presentation given by Nate Hagens. It is about everything but specifically about why there is not going to be any more 'Economic Growth'. This man is the ex VP of Leman Bros. and he has a reputation for knowing what he is on about. rgds c
This is a really good presentation. For those of us who are familiar with the content I would have to recommend the video made of the Q&A session which followed the presentation at Wisconsin University. Dr Hagens was relaxed and thinking on his feet. Very interesting indeed.
Economic development is normally used to describe the process of undeveloped ("third world") economies growing and becoming more developed. the link provided here is not able to convey all the information on Economic Growth, need more perfection and content.