A subset of low technology focused on solutions tailored to the specific social, economic, and environmental contexts of a region.
An exploration of the Big Push theory, its historical context, key events, models, and implications in development economics.
An in-depth exploration of Dual Economy, where modern industries coexist with traditional sectors, commonly seen in less developed countries due to foreign direct investment.
Detailed explanation of infrastructural development, its components, historical context, applications, and related terms.
Regional Economic Development involves economic strategies and practices aimed at fostering economic growth within specific geographic regions.
Structural Transformation refers to the process of major change in a country's economy, involving significant shifts in sectors and economic organization. It includes transitioning resources from primary sectors to industrial activities, or moving from planned to market-based economies.
Take-Off: The stage of economic development at which an economy becomes capable of sustained growth in per capita income. An economy which has not reached take-off has saving and investment inadequate to do more than keep pace with population increase at low and stagnant levels of per capita income.
An in-depth look into the Asian Development Bank (ADB) - its mission, operational mechanics, and member countries. Established in 1966, ADB aims to promote growth and cooperation across Asia and the Pacific, headquartered in Manila, Philippines.
The International Finance Corporation (IFC) is dedicated to fostering private sector development in emerging markets. Learn about its mission, functions, and real-world examples.
