Economic development

developmenteconomicdevelopdevelopedintensive growtheconomically developeddevelopsindustrial developmentregional economic developmentconventional economic development
Economic development is the process by which a nation improves the economic, political, and social well-being of its people.wikipedia
1,527 Related Articles

Economic growth

growthgrowth rategrowth theory
Whereas economic development is a policy intervention endeavor with aims of improving the economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP.
An increase in economic growth caused by more efficient use of inputs (increased productivity of labor, physical capital, energy or materials) is referred to as intensive growth.

Development theory

developedSociology of developmentdevelopment
There have been several major phases of development theory since 1945.
The theory looks at which aspects of countries are beneficial and which constitute obstacles for economic development.

Developing country

developing countriesdeveloping worlddeveloping nations
Also, economist Albert O. Hirschman, a major contributor to development economics, asserted that economic development grew to concentrate on the poor regions of the world, primarily in Africa, Asia and Latin America yet on the outpouring of fundamental ideas and models.
Similarly countries with a tertiary sector stronghold also see a greater rate of economic development.

Sustainable development

sustainablesustainable growthsustainability
Governments undertaking to meet broad economic objectives such as price stability, high employment, and sustainable growth. Such efforts include monetary and fiscal policies, regulation of financial institutions, trade, and tax policies.
As the concept developed, it has shifted to focus more on economic development, social development and environmental protection for future generations.

Joseph Schumpeter

SchumpeterSchumpeterianneo-Schumpeterian
According to Schumpeter and Backhaus (2003), the changes in this equilibrium state to document in economic theory can only be caused by intervening factors coming from the outside.

Workforce development

internal capacityJobs-Plustraining programs
Job creation and retention through specific efforts in business finance, marketing, neighborhood development, workforce development, small business development, business retention and expansion, technology transfer, and real estate development. This third category is a primary focus of economic development professionals.
Workforce development, an American approach to economic development, attempts to enhance a region's economic stability and prosperity by focusing on people rather than businesses.

Community development

developmentcommunitycommunity cultural development
Job creation and retention through specific efforts in business finance, marketing, neighborhood development, workforce development, small business development, business retention and expansion, technology transfer, and real estate development. This third category is a primary focus of economic development professionals.
Economic development, focusing on the "development" of developing countries as measured by their economies, although it includes the processes and policies by which a nation improves the economic, political, and social well-being of its people.

Development economics

development economistdevelopmenteconomic development
Also, economist Albert O. Hirschman, a major contributor to development economics, asserted that economic development grew to concentrate on the poor regions of the world, primarily in Africa, Asia and Latin America yet on the outpouring of fundamental ideas and models.
Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether through public or private channels.

Gender and development

Smart Economicsgender & economicsgender development
Gender and development
Gender and development is an interdisciplinary field of research and applied study that implements a feminist approach to understanding and addressing the disparate impact that economic development and globalization have on people based upon their location, gender, class background, and other socio-political identities.

International development

developmentglobal developmentdevelopment cooperation
International development
Historically, development has often been largely synonymous with economic development.

Metropolitan economy

metropolitan economiesmetropolitan areas
One growing understanding in economic development is the promotion of regional clusters and a thriving metropolitan economy.
Chicago's Plan for Transformation in overhauling the city's public housing stock has to work together with local stakeholders on lease agreements, land use, economic development, and local taxes.

International Economic Development Council

IEDC
With more than 20,000 professional economic developers employed worldwide in this highly specialized industry, the International Economic Development Council (IEDC) headquartered in Washington, D.C. is a non-profit organization dedicated to helping economic developers do their job more effectively and raising the profile of the profession.
The CUED’s primary objective was to develop an urban policy for economic development.

North–South divide

Global SouthGlobal NorthNorth
North–South divide
Economic Development is a measure of progress in a specific economy.

Opportunity management

opportunities
Opportunity management
Opportunity management is a collaborative approach for economic and business development.

Constitutional economics

constitutions
Constitutional economics
economic development.

Globalization

globalisationglobalizedglobal
One unintended consequence of economic development is the intense competition between communities, states, and nations for new economic development projects in today's globalized world.
Proponents of economic growth, expansion and development, in general, view globalizing processes as desirable or necessary to the well-being of human society.

World Bank Group

World Bankthe World BankWorldBank
World Bank Group
Critics argue that the so-called free market reform policies – which the Bank advocates in many cases – in practice are often harmful to economic development if implemented badly, too quickly ("shock therapy"), in the wrong sequence, or in very weak, uncompetitive economies.

Public policy

public affairspolicypublic policies
The practitioners have two key roles: one is to provide leadership in policy-making, and the other is to administer policy, programs, and projects.
However, the wave of economic globalization that occurred in the late 20th and early 21st centuries created a need for a subset of public policy that focused on global governance, especially as it relates to issues that transcend national borders such as climate change, terrorism, nuclear proliferation, and economic development.

World Bank

The World BankIBRDWB
The World Bank's "World Development Indicators" are compiled annually from officially recognized international sources and include national, regional and global estimates.
Stiglitz argued that the so-called free market reform policies that the Bank advocates are often harmful to economic development if implemented badly, too quickly ("shock therapy"), in the wrong sequence or in weak, uncompetitive economies.

Westernization

westernizedwesternisationwesternised
"Modernization, "westernization", and especially "industrialization" are other terms often used while discussing economic development. Economic development has a direct relationship with the environment and environmental issues. Economic development is very often confused with industrial development, even in some academic sources.

Industrialisation

industrializationindustrializedindustrialised
"Modernization, "westernization", and especially "industrialization" are other terms often used while discussing economic development. Economic development has a direct relationship with the environment and environmental issues. Economic development is very often confused with industrial development, even in some academic sources.

Biophysical environment

environmentenvironmentalthe environment
"Modernization, "westernization", and especially "industrialization" are other terms often used while discussing economic development. Economic development has a direct relationship with the environment and environmental issues. Economic development is very often confused with industrial development, even in some academic sources.

Environmental issue

environmental issuesenvironmental impactenvironmental problems
"Modernization, "westernization", and especially "industrialization" are other terms often used while discussing economic development. Economic development has a direct relationship with the environment and environmental issues. Economic development is very often confused with industrial development, even in some academic sources.

Well-being

wellbeingwelfarewell being
Whereas economic development is a policy intervention endeavor with aims of improving the economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP.