Langara

Luke I. INTRIDUCTION Over the past centuries, the world population grow up to bigger and bigger, and human believe that they are the owner of the earth. This is because after the industrial revolution and technological revolution, human brought an amazing period of change for the world and themself. Therefore, you can see the cities with skyscrapers in anywhere no matter desert or ice field, and people can get anything which they want through the internet. These changes base on the production capability development. In other words, the global economy growth is the basic step for human to enjoy their life. From that, the world Gross Domestic Product(GDP) grew about 300–fold, the per capita income rise 13–fold, and the world population increased 22–fold that compare to the past millennium (Angus,2002).In case, let’s focus on GDP growth. In 2000, the world GDP is around 10 trillions dollar. According to the study which done by Standard Chartered Bank(2011),in 2010 the world GDP is 60 trillions dollar that over 6 times compare to 2000 ,and it will grow up to 140 trillions dollar in 2030.In addition, most developing countries simultaneously have successively been subject to global financial growing such as China, Brazil, and India, so they became new emerging markets. In this case, according to UN, the World Economic Situation and Prospects(figure 2), they analyze GDP growth in several developing countries. In addition, China has a highest rate of GDP growth ,that means China plays a much bigger role in the world economy and its importance is likely to increase further(2012).Above that, the global economy growth is incredible, it have risen steadily during the past decade, and it will be still powerful in future. Figure 2: GDP Growth expectations(%) It is clear that how fast of economic growth in developing countries. However, there is a big issue which between economic growth and