ⓘ Economic development


Economic development

Economic development, as a public sector term, is the process by which the economic well-being and quality of life of a nation, region or local community are improved according to targeted goals and objectives. The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for centuries. "Modernization", "Westernization", and especially "industrialization" are other terms often used while discussing economic development. Whereas economic development is a policy intervention endeavor aiming to improve the well-being of people, economic growth is a ...


Australian settlement

The Australian settlement is a set of nation-building policies adopted in Australia at the beginning of the 20th century. Those policies profoundly influenced the way Australia developed over the coming decades and were only dismantled towards the end of the century. They were: the "White Australia" Policy of immigration restriction; protective tariffs on imports of manufactured goods; a system of compulsory conciliation and arbitration for industrial disputes; and early social welfare policies. The term "settlement" refers to the way this constellation of policies emerged as a compromise ...


Average is Over

Average Is Over: Powering America Beyond the Age of the Great Stagnation is a 2013 book by economist Tyler Cowen laying out his vision for the future trajectory of the global economy. It is a sequel to Cowens 2011 pamphlet The Great Stagnation, which argued that America had exhausted many of the low-hanging fruit that had powered its growth in the 19th and early 20th century.


Banana republic

In political science, the term banana republic describes a politically unstable country with an economy dependent upon the exportation of a limited-resource product, such as bananas or minerals. In 1901, the American author O. Henry coined the term to describe Honduras and neighbouring countries under economic exploitation by U.S. corporations, such as the United Fruit Company. Typically, a banana republic has a society of extremely stratified social classes, usually a large impoverished working class and a ruling-class plutocracy, composed of the business, political, and military elites o ...


Brazilian Development Bank

The National Bank for Economic and Social Development is a development bank structured as a federal public company associated with the Ministry of Development, Industry, and Trade of Brazil. The stated goal is to provide long-term financing for endeavors that contribute to the countrys development. BNDES is one of the largest development banks in the world. Its non-performing loan ratio is also less favorable compared to the CDBs that stands below 1%. Among the objectives of BNDES are the strengthening of the capital structure of private companies, the development of capital markets, the t ...


Community economic development

Community economic development is a field of study that actively elicits community involvement when working with government, and private sectors to build strong communities, industries, and markets. Community economic development encourages using local resources in a way that enhances economic opportunities while improving social conditions in a sustainable way. Often CED initiatives are implemented to overcome crises, and increase opportunities for communities who are disadvantaged. An aspect of" localizing economics,” CED is a community-centered process that blends social and economic de ...


ⓘ Economic development

  • The Federal Economic Development Initiative for Northern Ontario or FedNor is a program of Innovation, Science and Economic Development Canada whose
  • An economic development corporation EDC is an organization common in the United States, usually a 501 c 3 non - profit, whose mission is to promote
  • The Department of Economic Development and Commerce of Puerto Rico Spanish: Departamento de Desarrollo Economico y Comercio de Puerto Rico is the executive
  • The Ministry of Investment and Economic Development Polish: Ministerstwo Inwestycji i Rozwoju is an agency of the government of Poland. The ministry
  • The Economic Development Agency of Canada for the Regions of Quebec before 1998, the Federal Office of Regional Development - Quebec is a Federal agency
  • territory is called extensive growth. Development of new goods and services also creates economic growth. The economic growth rate is calculated from data
  • The Secretary for Economic Development and Labour Chinese: 經濟發展及勞工局局長 was the head of the Economic Development and Labour Bureau of the Government of

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