LOL Nordic countries and GCC countries have some of the highest standards of living. You basically want to circulate lots of money.
Do you fundamentally know how that works? It means taking lots of resources- all of them infinite- and selling them on the market.
Not to mention how much pollution is produced. India has one of the largest economies and is the poorest country on Earth in terms of sheer number of poor.
Nordic countries and GCC countries have small and sustainable populations thanks to their harsh climates so they all enjoy good standards of living.
Sri Lanka still got the highest standard of living despite how "poor" they are. Circulating more money does not strike balance. Large economies are environmentally destructive and inflate more easily.
Is your device not capable of playing the video? Wonder why Central Asian republics have such small populations despite lack of family planning. Or maybe because their steppe climates do not allow much vegetation to provide calories for population growth.