Economic Development

7(a) Loan Program: Comprehensive Financial Assistance for Small Businesses
The 7(a) Loan Program is the U.S. Small Business Administration's (SBA) primary vehicle for providing financial assistance to small businesses, offering a variety of loans to meet different business needs.
APEC: Asia-Pacific Economic Cooperation
A comprehensive overview of Asia-Pacific Economic Cooperation (APEC), its history, types, key events, detailed explanations, importance, applicability, examples, related terms, interesting facts, famous quotes, and more.
Balanced Growth: An Even Development Across Various Sectors and Regions
Balanced growth refers to a harmonious and equitable development that occurs uniformly across multiple sectors and geographical regions to ensure sustained, inclusive economic progress.
Brain Circulation: The Dynamic Flow of Knowledge and Skills
Brain Circulation refers to a dynamic process where emigrants return or circulate knowledge and skills back to their home countries, benefiting both the home and host nations.
Business Improvement District: Enhancing Economic Viability
A comprehensive guide to understanding Business Improvement Districts (BID), their historical context, types, key events, detailed explanations, and much more.
Capital Market: A Comprehensive Overview
Explore the intricacies of Capital Markets, institutions facilitating the trade of securities with an expected maturity of a year or more. Understand their impact on economic development, key events, models, and much more.
Cashless Economy: Overview and Implications
An in-depth analysis of a Cashless Economy, including historical context, types of electronic transactions, key events, advantages and disadvantages, and its impact on various sectors.
Colombo Plan: Cooperative Economic and Social Development in Asia and the Pacific
The Colombo Plan for Cooperative Economic and Social Development in Asia and the Pacific is a regional intergovernmental organization established in 1951 aimed at fostering economic and social growth in member countries.
Decent Work: Fair Employment Opportunities
Decent Work encompasses fair income, job security, rights protection, and social protection, promoting inclusive development and dignity for all workers.
Demographic Transition Model: Theory of Population Dynamics
The Demographic Transition Model (DTM) explains the transformation of a society's population structure and growth over time as it progresses through economic development stages.
Development: A Comprehensive Guide to Economic Growth and Improvement
An in-depth exploration of the term 'Development' with a focus on economic development, including its historical context, types, key events, explanations, and importance.
Economic Adjustment Assistance: Helping Communities Adapt to Change
Economic Adjustment Assistance (EAA) is a program by the Economic Development Administration (EDA) aimed at aiding communities in adjusting to economic changes or disruptions. This comprehensive encyclopedia article covers its historical context, types, key events, explanations, formulas, importance, examples, and related terms.
Economic Development Corporation (EDC): Enhancing Community Economic Well-being
An Economic Development Corporation (EDC) is an organization aimed at enhancing the economic well-being of a community through various initiatives and projects designed to promote economic growth and development.
Economic Planning: Strategic Management of Economic Activity
Economic Planning involves the systematic allocation of a nation's resources to achieve specific economic and social objectives. It includes both direct and indirect controls over economic variables.
Emerging Market and Developing Economies: Global Economic Powerhouses
An in-depth exploration of Emerging Market and Developing Economies (EMDEs), including their historical context, types, key events, economic impact, importance, applicability, and more.
Emerging Markets: Economies Progressing Towards Advanced Development
Emerging markets refer to economies progressing towards the advanced stage of economic development. These markets include newly industrialized countries and recently liberalized economies that exhibit a higher degree of economic, financial, or political uncertainty compared to developed countries.
Endogenous Growth: Growth Driven by Internal Factors
Endogenous Growth refers to growth derived from internal factors such as technological innovation and human capital investment, as opposed to external influences.
EPZs vs. Maquiladoras: Understanding the Differences
While both EPZs (Export Processing Zones) and Maquiladoras aim to stimulate industrial activity through favorable economic policies, maquiladoras are specifically tied to trade relationships between Mexico and the U.S.
Export-Led Growth: An Engine for Economic Development
Export-Led Growth (ELG) is a strategy where a country's economic growth is driven primarily by exporting goods and services. This strategy leverages competitive advantages and increases foreign income, fostering national economic expansion.
Foreign Direct Investment: An In-Depth Examination
An extensive exploration of Foreign Direct Investment (FDI), covering historical context, types, key events, explanations, mathematical models, charts, importance, applicability, examples, considerations, related terms, comparisons, interesting facts, inspirational stories, quotes, proverbs, expressions, jargon, FAQs, references, and summary.
Free-Trade Zone: Boosting Trade through Tariff Exemptions
A Free-Trade Zone (FTZ) is a specific region within a country where national tariffs and regulatory measures are reduced or eliminated to encourage export-driven industries by leveraging duty-free imports.
Freight Corridor: Specialized Routes for the Transport of Goods
Detailed exploration of freight corridors, including historical context, types, key events, mathematical models, and their importance in the logistics industry.
Green Revolution: Agricultural Transformation
The Green Revolution marked a period of significant improvement in agricultural productivity through advanced plant varieties and agricultural practices, averting a potential food crisis and raising living standards in developing countries.
Growth Model: Frameworks for Economic Development
Comprehensive overview of Growth Models, including types like endogenous growth, Harrod--Domar growth model, and Solow growth model, their historical context, key events, mathematical formulations, and practical applications.
Human Development: Enhancing Well-being and Potential
Human development is a broader concept encompassing social, economic, and political development that aims to improve people's well-being and personal potentials.
International Bank for Reconstruction and Development (IBRD): Global Financial Institution
The International Bank for Reconstruction and Development (IBRD), a vital part of the World Bank Group, provides loans and financial services to middle-income and creditworthy low-income countries.
Industrial Development Bond: Promoting Local Economic Development
An Industrial Development Bond (IDB) is a debt instrument issued by municipalities in the USA to finance private industrial business projects, thereby fostering local economic development.
Industrialization: A Comprehensive Guide
The process of moving resources into the industrial sector, commonly seen in early economic development stages, significantly shaping modern economies and societies.
Infant Industry: An Overview of Emerging Economies and Protectionism
An in-depth look at the concept of an infant industry, its historical context, types of support provided by governments, key events, models, and real-world examples.
Infrastructure: Capital Equipment for Public Services
A comprehensive examination of the capital equipment and systems that provide essential public services such as transport, telecommunications, and utilities, vital for the functioning of modern economies.
Institutional Economics: The Study of Institutions in Economic Systems
An in-depth analysis of Institutional Economics, emphasizing the role of institutions in shaping economic outcomes, with historical context, key theories, models, importance, and more.
International Development Association (IDA): Assisting the World's Poorest Countries
The International Development Association (IDA) is a part of the World Bank Group that provides low-interest loans and grants to the world's poorest countries, aiming to reduce inequalities and support sustainable development.
Knowledge Spillovers: Promoting Progress Through Idea Transmission
Knowledge spillovers involve the transmission of ideas and innovations from one sector to another, promoting further progress. These spillovers are crucial in advancing technology and economic development.
Less Developed Countries: Characteristics, Challenges, and Development Paths
An in-depth exploration of Less Developed Countries (LDCs), their characteristics, challenges, and development paths. Includes historical context, key indicators, development models, and policies.
Liberalized Economies: Transformative Path to Growth and Efficiency
Explore the historical context, types, key events, and the profound impact of liberalized economies, encompassing changes in government policies, trade, and market dynamics.
Micro Enterprise: Definition and Insights
A comprehensive coverage of Micro Enterprise, exploring its definition, types, importance in the economy, challenges, and examples.
Microcredit: Lending of Small Sums of Money on Very Low Security
An in-depth look into Microcredit, the practice of lending small sums of money to small businesses or small producers in the developing world, focusing on historical context, importance, types, examples, and much more.
MNE: Multinational Enterprise
A comprehensive guide on Multinational Enterprises (MNEs), their significance, types, historical context, and more.
Multinational Enterprise: Definition and Insights
A comprehensive guide to Multinational Enterprises (MNEs), including historical context, types, key events, mathematical models, charts, importance, applicability, examples, considerations, related terms, and more.
National Development Banks: Catalysts for Economic Development
National Development Banks (NDBs) are government-backed financial institutions that provide long-term capital to facilitate economic growth and development. Distinct from Sovereign Wealth Funds (SWFs), NDBs focus on developmental objectives rather than investment portfolios.
Picking Winners: Governmental Strategy for Economic Development
An in-depth exploration of 'Picking Winners,' the governmental strategy of selecting specific projects for financial and technical support to promote economic development.
Poverty Alleviation: Strategies and Policies to Reduce Poverty
Explore the comprehensive strategies and policies aimed at reducing the number of people living in poverty, including historical context, applicability, and related terms.
Prebisch Thesis: Understanding Terms of Trade in Developing Economies
A comprehensive guide on the Prebisch Thesis, which asserts the long-term deterioration of terms of trade for primary products versus manufactured goods, impacting economic strategies for developing nations.
Regional Aid: Government Assistance for Economic Development
Regional aid refers to assistance provided by central governments to regions with low per capita incomes or high unemployment, aiming to boost economic development and reduce disparities.
Regional Policy: Income and Employment Distribution Across Regions
An in-depth exploration of Regional Policy aimed at addressing income and employment disparities between different geographical regions, particularly focusing on strategies to uplift economically depressed areas.
Set-Aside Contracts: Stimulating Small Business Participation in Public Contracts
Comprehensive exploration of set-aside contracts, including their historical context, types, key events, and significance in fostering small business involvement in government procurement.
Soft Loan: Understanding Favorable Financial Support
Explore the concept of Soft Loans, their types, historical context, key events, mathematical models, importance, applicability, related terms, and more.
Stages of Economic Growth: Theory and Historical Context
An in-depth look at the theory that countries develop through a series of economic stages, examining different proposed sequences, historical contexts, and key debates.
Stagnation: A Situation of Minimal Change in Techniques or Income Levels
Stagnation refers to a period in which there is little or no change in techniques or income levels, as opposed to development where there is progress in both areas.
Structural Transformation: Economic Evolution
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
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.
Tennessee Valley Authority: A Comprehensive Overview
Explore the history, functions, and impact of the Tennessee Valley Authority (TVA) - a public corporation established in 1933 as part of the New Deal for power supply, flood control, and regional development.
Two-Gap Model: Understanding Constraints in Economic Development
An in-depth exploration of the Two-Gap Model, which outlines the constraints on the development of less developed countries due to gaps between domestic savings and investment, as well as between export revenues and import needs.
World Economic Forum: An International Organization Committed to Improving the State of the World
The World Economic Forum (WEF) is a not-for-profit organization that brings together business leaders, politicians, academics, and opinion formers to discuss global issues. Founded in 1971 and headquartered in Geneva, Switzerland, WEF is best known for its annual meeting in Davos, Switzerland.
Extractive Industry: An Overview
Comprehensive details on extractive industries, including definitions, types, considerations, and historical context.
Takeoff Point: Economic Viability in Development and Growth
A comprehensive discussion on the concept of the takeoff point, marking the stage at which a producer, an industry, or an economy becomes economically viable, with detailed explanations, historical context, examples, and related terms.
Tax Abatement: Reprieve from a Tax Obligation
An in-depth examination of tax abatement, a government incentive often used to encourage real estate or industrial development by partially or completely forgiving tax obligations.

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