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Economic development

Index Economic development

economic development wikipedia Economic development is the process by which a nation improves the economic, political, and social well-being of its people. [1]

117 relations: Addison-Wesley, Affordable housing, Africa, Albert O. Hirschman, Amartya Sen, Argentina, Asia, Basic Rail Transportation Infrastructure Index, Business, Business cluster, Capitalism, Cato Institute, Center for Economic and Policy Research, Chile, Community, Community development, Competitive advantage, Constitutional economics, Crime prevention, Database, Developed country, Developing country, Development economics, Development theory, Disease, Drinking water, Economic growth, Economist, Education, Employment, Entitlement, Environment (biophysical), Environmental issue, European Free Trade Association, Factors of production, Feudalism, Finance, Financial deepening, Financial institution, Financial market, Fiscal policy, Gender and development, Geographer, Global value chain, Globalization, Gross domestic product, Gross national product, Harry S. Truman, Health, Health care, ..., High-speed rail, Highway, Hong Kong, Housing, Import substitution industrialization, Income distribution, Industrialisation, Infrastructure, Infrastructure-based development, International development, International Economic Development Council, International Monetary Fund, Joseph Schumpeter, Keynesian economics, Latin America, Life expectancy, Literacy, Marketing, Metropolitan economy, Michael Todaro, Modernization theory, Monetary policy, Mustafa Kemal Kurdaş, Neoclassical economics, Neoliberalism, North–South divide, Nutrition, OECD, Opportunity management, Park, Pearson Education, Per capita income, Post-war, Poverty, Price, Primary education, Private sector development, Productivity, Public policy, Public service, Real estate, Resource, SAGE Publications, Singapore, Small business, Social work, Socioeconomics, South Korea, Startup company, Stephen C. Smith (economist), Sudan, Sustainable development, Tax, Technology transfer, Term (time), Trade, Transport, Uganda, Unemployment, University of Iowa, Welfare economics, Well-being, Westernization, Workforce development, World Bank, World Bank Group, World War II. Expand index (67 more) »


Addison-Wesley is a publisher of textbooks and computer literature.

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Affordable housing

Affordable housing is housing which is deemed affordable to those with a median household income as rated by the national government or a local government by a recognized housing affordability index.

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Africa is the world's second largest and second most-populous continent (behind Asia in both categories).

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Albert O. Hirschman

Albert Otto Hirschman (born Otto-Albert Hirschmann; April 7, 1915 – December 10, 2012) was an influential economist and the author of several books on political economy and political ideology.

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Amartya Sen

Amartya Kumar Sen, CH, FBA (born 3 November 1933) is an Indian economist and philosopher, who since 1972 has taught and worked in India, the United Kingdom, and the United States.

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Argentina, officially the Argentine Republic (República Argentina), is a federal republic located mostly in the southern half of South America.

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Asia is Earth's largest and most populous continent, located primarily in the Eastern and Northern Hemispheres.

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Basic Rail Transportation Infrastructure Index

The Basic Rail Transportation Infrastructure Index (BRTI Index) is a synthetic measure combining rail transportation metrics (existence of modern rail networks and average speed of main inter-urban itineraries) and cost efficiency observations, used as an indicator a country’s relative development in modern land transportation.

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Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).

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Business cluster

A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field.

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Capitalism is an economic system based upon private ownership of the means of production and their operation for profit.

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Cato Institute

The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded as the Charles Koch Foundation in 1974 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of the conglomerate Koch Industries.

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Center for Economic and Policy Research

The Center for Economic and Policy Research (CEPR) is an economic policy think-tank, co-founded by economists Dean Baker and Mark Weisbrot, and is based in Washington, D.C. It has been described as left-leaning.

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Chile, officially the Republic of Chile, is a South American country occupying a long, narrow strip of land between the Andes to the east and the Pacific Ocean to the west.

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A community is a small or large social unit (a group of living things) that has something in common, such as norms, religion, values, or identity.

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Community development

The United Nations defines community development as "a process where community members come together to take collective action and generate solutions to common problems." It is a broad term given to the practices of civic leaders, activists, involved citizens and professionals to improve various aspects of communities, typically aiming to build stronger and more resilient local communities.

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Competitive advantage

In business, a competitive advantage is the attribute that allows an organization to outperform its competitors.

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Constitutional economics

Constitutional economics is a research program in economics and constitutionalism that has been described as explaining the choice "of alternative sets of legal-institutional-constitutional rules that constrain the choices and activities of economic and political agents".

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Crime prevention

Crime prevention is the attempt to reduce and deter crime and criminals.

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A database is an organized collection of data, stored and accessed electronically.

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Developed country

A developed country, industrialized country, more developed country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations.

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Developing country

A developing country (or a low and middle income country (LMIC), less developed country, less economically developed country (LEDC), underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.

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Development economics

Development economics is a branch of economics which deals with economic aspects of the development process in low income countries.

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Development theory

Development theory is a collection of theories about how desirable change in society is best achieved.

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A disease is any condition which results in the disorder of a structure or function in an organism that is not due to any external injury.

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Drinking water

Drinking water, also known as potable water, is water that is safe to drink or to use for food preparation.

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Economic growth

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

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An economist is a practitioner in the social science discipline of economics.

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Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits.

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Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

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An entitlement is a provision made in accordance with a legal framework of a society.

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Environment (biophysical)

A biophysical environment is a biotic and abiotic surrounding of an organism or population, and consequently includes the factors that have an influence in their survival, development, and evolution.

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Environmental issue

Environmental issues are harmful effects of human activity on the biophysical environment.

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European Free Trade Association

The European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four European states: Iceland, Liechtenstein, Norway, and Switzerland.

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Factors of production

In economics, factors of production, resources, or inputs are which is used in the production process to produce output—that is, finished goods and services.

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Feudalism was a combination of legal and military customs in medieval Europe that flourished between the 9th and 15th centuries.

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Finance is a field that is concerned with the allocation (investment) of assets and liabilities (known as elements of the balance statement) over space and time, often under conditions of risk or uncertainty.

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Financial deepening

Financial deepening is a term used by economists to refer to increasing provision of financial services.

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Financial institution

Financial institutions, otherwise known as banking institutions, are corporations which provide services as intermediaries of financial markets.

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Financial market

A financial market is a market in which people trade financial securities and derivatives such as futures and options at low transaction costs.

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Fiscal policy

In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy.

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Gender and development

The pre-World War II period saw flourishing movements of various forms of feminism; however, the nexus between (economic) development and women was not clearly articulated until the second half of the 20th century.

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A geographer is a scholar whose area of study is geography, the study of Earth's natural environment and human society.

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Global value chain

In development studies, the concept of a value chain has been used to analyse international trade in global value chains which comprises “the full range of activities that are required to bring a product from its conception, through its design, its sourced raw materials and intermediate inputs, its marketing, its distribution and its support to the final consumer”.

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Globalization or globalisation is the process of interaction and integration between people, companies, and governments worldwide.

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Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.

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Gross national product

Gross national product (GNP) is the market value of all the goods and services produced in one year by labor and property supplied by the citizens of a country.

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Harry S. Truman

Harry S. Truman (May 8, 1884 – December 26, 1972) was an American statesman who served as the 33rd President of the United States (1945–1953), taking office upon the death of Franklin D. Roosevelt.

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Health is the ability of a biological system to acquire, convert, allocate, distribute, and utilize energy with maximum efficiency.

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Health care

Health care or healthcare is the maintenance or improvement of health via the prevention, diagnosis, and treatment of disease, illness, injury, and other physical and mental impairments in human beings.

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High-speed rail

High-speed rail is a type of rail transport that operates significantly faster than traditional rail traffic, using an integrated system of specialized rolling stock and dedicated tracks.

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A highway is any public or private road or other public way on land.

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Hong Kong

Hong Kong (Chinese: 香港), officially the Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory of China on the eastern side of the Pearl River estuary in East Asia.

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Housing, or more generally living spaces, refers to the construction and assigned usage of houses or buildings collectively, for the purpose of sheltering people —the planning or provision delivered by an authority, with related meanings.

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Import substitution industrialization

Import substitution industrialization (ISI) is a trade and economic policy which advocates replacing foreign imports with domestic production.

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Income distribution

In economics, income distribution is how a nation’s total GDP is distributed amongst its population.

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Industrialisation or industrialization is the period of social and economic change that transforms a human group from an agrarian society into an industrial society, involving the extensive re-organisation of an economy for the purpose of manufacturing.

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Infrastructure is the fundamental facilities and systems serving a country, city, or other area, including the services and facilities necessary for its economy to function.

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Infrastructure-based development

Infrastructure-based economic development also called infrastructure-driven development combines key policy characteristics inherited from the Rooseveltian progressivist tradition and Neo-Keynesian economics in the United States, France's Gaullist and Neo-Colbertist centralized economic planning, Scandinavian social democracy as well as Singaporean and Chinese state capitalism: it holds that a substantial proportion of a nation’s resources must be systematically directed towards long term assets such as transportation, energy and social infrastructure (schools, universities, hospitals…) in the name of long term economic efficiency (stimulating growth in economically lagging regions and fostering technological innovation) and social equity (providing free education and affordable healthcare).

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International development

International development or global development is a wide concept concerning level of development on an international scale.

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International Economic Development Council

The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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Joseph Schumpeter

Joseph Alois Schumpeter (8 February 1883 – 8 January 1950) was an Austrian political economist.

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Keynesian economics

Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).

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Latin America

Latin America is a group of countries and dependencies in the Western Hemisphere where Spanish, French and Portuguese are spoken; it is broader than the terms Ibero-America or Hispanic America.

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Life expectancy

Life expectancy is a statistical measure of the average time an organism is expected to live, based on the year of its birth, its current age and other demographic factors including gender.

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Literacy is traditionally meant as the ability to read and write.

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Marketing is the study and management of exchange relationships.

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Metropolitan economy

A metropolitan economy refers to the cohesive, naturally evolving concentration of industries, commerce, markets, 2.

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Michael Todaro

Michael Paul Todaro (born May 14, 1847) is an American economist and a pioneer in the field of development economics.

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Modernization theory

Modernization theory is used to explain the process of modernization within societies.

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Monetary policy

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

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Mustafa Kemal Kurdaş

Mustafa Kemal Kurdaş (1920 – April 19, 2011) was a Turkish economist who served as Turkish Minister of Finance, the IMF’s adviser to Latin American governments, president of the Middle East Technical University and deputy head of the Turkish Treasury.

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Neoclassical economics

Neoclassical economics is an approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.

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Neoliberalism or neo-liberalism refers primarily to the 20th-century resurgence of 19th-century ideas associated with laissez-faire economic liberalism.

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North–South divide

The North–South divide is broadly considered a socio-economic and political divide.

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Nutrition is the science that interprets the interaction of nutrients and other substances in food in relation to maintenance, growth, reproduction, health and disease of an organism.

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The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and world trade.

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Opportunity management

Opportunity management (OM) has been defined as "a process to identify business and community development opportunities that could be implemented to sustain or improve the local economy".

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A park is an area of natural, semi-natural or planted space set aside for human enjoyment and recreation or for the protection of wildlife or natural habitats.

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Pearson Education

Pearson Education (see also Pearson PLC) is a British-owned education publishing and assessment service to schools and corporations, as well as directly to students.

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Per capita income

Per capita income or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year.

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A post-war period or postwar period is the interval immediately following the end of a war.

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Poverty is the scarcity or the lack of a certain (variant) amount of material possessions or money.

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In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.

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Primary education

Primary education and elementary education is typically the first stage of formal education, coming after preschool and before secondary education (The first two grades of primary school, Grades 1 and 2, are also part of early childhood education).

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Private sector development

Private Sector Development (PSD) is a term in the international development industry to refer to a range of strategies for promoting economic growth and reducing poverty in developing countries by building private enterprises.

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Productivity describes various measures of the efficiency of production.

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Public policy

Public policy is the principled guide to action taken by the administrative executive branches of the state with regard to a class of issues, in a manner consistent with law and institutional customs.

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Public service

Public service is a service which is provided by government to people living within its jurisdiction, either directly (through the public sector) or by financing provision of services.

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Real estate

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

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A resource is a source or supply from which a benefit is produced.

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SAGE Publications

SAGE Publishing is an independent publishing company founded in 1965 in New York by Sara Miller McCune and now based in California.

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Singapore, officially the Republic of Singapore, is a sovereign city-state and island country in Southeast Asia.

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Small business

Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

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Social work

Social work is an academic discipline and profession that concerns itself with individuals, families, groups and communities in an effort to enhance social functioning and overall well-being.

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Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes.

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South Korea

South Korea, officially the Republic of Korea (대한민국; Hanja: 大韓民國; Daehan Minguk,; lit. "The Great Country of the Han People"), is a country in East Asia, constituting the southern part of the Korean Peninsula and lying east to the Asian mainland.

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Startup company

A startup company (startup or start-up) is an entrepreneurial venture which is typically a newly emerged business that aims to meet a marketplace need by developing a viable business model around a product, service, process or a platform.

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Stephen C. Smith (economist)

Stephen Charles Smith (born April 24, 1955) is an economist, author, and educator.

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The Sudan or Sudan (السودان as-Sūdān) also known as North Sudan since South Sudan's independence and officially the Republic of the Sudan (جمهورية السودان Jumhūriyyat as-Sūdān), is a country in Northeast Africa.

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Sustainable development

Sustainable development is the organizing principle for meeting human development goals while at the same time sustaining the ability of natural systems to provide the natural resources and ecosystem services upon which the economy and society depend.

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A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.

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Technology transfer

Technology transfer, also called transfer of technology (TOT), is the process of transferring (disseminating) technology from the places and ingroups of its origination to wider distribution among more people and places.

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Term (time)

A term is a period of duration, time or occurrence, in relation to an event.

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Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money.

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Transport or transportation is the movement of humans, animals and goods from one location to another.

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Uganda, officially the Republic of Uganda (Jamhuri ya Uganda), is a landlocked country in East Africa.

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Unemployment is the situation of actively looking for employment but not being currently employed.

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University of Iowa

The University of Iowa (also known as the UI, U of I, UIowa, or simply Iowa) is a flagship public research university in Iowa City, Iowa.

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Welfare economics

Welfare economics is a branch of economics that uses microeconomic techniques to evaluate well-being (welfare) at the aggregate (economy-wide) level.

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Well-being, wellbeing, or wellness is a general term for the condition of an individual or group.

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Westernization (US) or Westernisation (UK), also Europeanization/Europeanisation or occidentalization/occidentalisation (from the Occident, meaning the Western world; see "occident" in the dictionary), is a process whereby societies come under or adopt Western culture in areas such as industry, technology, law, politics, economics, lifestyle, diet, clothing, language, alphabet, religion, philosophy, and values.

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Workforce development

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.

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World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

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World Bank Group

The World Bank Group (WBG) (Groupe de la Banque mondiale) is a family of five international organizations that make leveraged loans to developing countries.

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World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

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Economic Development, Intensive growth.


[1] https://en.wikipedia.org/wiki/Economic_development

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