Economic Development

Economic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives. Economic development differs from economic growth. Whereas economic development is a policy intervention endeavor with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. Consequently, as economist Amartya Sen points out: “economic growth is one aspect of the process of economic development.”

Read more about Economic DevelopmentTerm, History, Social Science Research, Goals, Regional Policy, Community Competition

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Secretary For Commerce And Economic Development
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Chernobyl Recovery And Development Programme - CRDP Achievements and Results 2003-2008
... experiences Since 2005 the Chernobyl Economic Development Forum initiated by CRDP effectively works as a platform for elaboration of strategies for ... organisations and authorities for recovery and development” successfully introduced in the region ... COs resolve important socio-economic problems in villages reconstruct water pipe-lines and provide gasification reconstruct schools, bathes, village health centers, and ambulatories create ...
Economic Development - Community Competition
... One unintended consequence of economic development is the intense competition between communities, states, and nations for new economic development projects in today's ... and retain business, competition is further intensified by the use of many variations of economic incentives to the potential business such as tax incentives, investment capital, donated land, utility ... IEDC places significant attention on the various activities undertaken by economic development organizations to help them compete and sustain vibrant communities ...
Charles III William, Margrave Of Baden-Durlach - Life - Economic Development
... Charles William's economic policy was characterized by many initiatives are evidence and creativity and the experience proved useful to the reforms of his ...
Stephen Wallace Taylor
... Taylor is the author of The New South's New Frontier A Social History of Economic Development in Southwestern North Carolina (New Perspectives on the History of the South), released in 2001, which ... research includes From Tomato Fields to Tourists the Development of Hilton Head Island, (with Margaret A ... Back of Beyond Government Authority, Community Life and Economic Development in the Upper Little Tennessee Valley, 1880-1992 was the winner of the ...

Famous quotes containing the words development and/or economic:

    Such condition of suspended judgment indeed, in its more genial development and under felicitous culture, is but the expectation, the receptivity, of the faithful scholar, determined not to foreclose what is still a question—the “philosophic temper,” in short, for which a survival of query will be still the salt of truth, even in the most absolutely ascertained knowledge.
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