ELEMENTS OF ECONOMIC DEVELOPMENT

Abstract

Throughout history, many governments have tried to set up their country's economic structure differently from the principles of economic development of Western countries. But the issue becomes important when it goes beyond the field of economics and includes issues in the field of ideology. More importantly, the success of non-Western methods is facing the countries of the world. Throughout history, Western countries have tried to show the people of the world that the only way to achieve development is to follow their principles. They have tried to present democracy and the free market as the only way to achieve sustainability and prosperity in the economic and social arenas. But China's success and the functioning of its economic development model today has shown the people of the world that democracy and the free market, and in general, following the principles of Western countries, are not the only way to achieve development. In many countries that have been rapidly progressing economic development in recent decades and have become a model for other developing countries, a particular institution has been responsible for strategic planning for achieving economic development goals.