Economic Development

Unearned Increment: Increase in Real Estate Value
An increase in the value of real estate that occurs without any effort from the property owner, often resulting from factors like population growth or economic development.
18-Hour Cities: Defining Characteristics, Operation, and Notable Examples
Discover what defines an 18-hour city, how it operates, and explore examples of these emerging urban areas that offer robust job growth, low living costs, and competitive amenities.
BRICS: Emerging Economies Shaping the Global Future
An in-depth look at BRICS, the coalition of Brazil, Russia, India, China, and South Africa, and their potential to shape the global economy by 2050.
Understanding China's One Belt One Road Initiative: Mechanisms and Objectives
A comprehensive overview of China's One Belt One Road (OBOR) initiative, including its operation mechanisms, strategic goals, historical context, and global impact.
Emerging Industries: Definition, Overview, and Examples
A comprehensive guide to understanding emerging industries, including their definition, characteristics, examples, and impact on the economy.
Financial Inclusion: Definition, Examples, and Its Importance
A comprehensive guide on financial inclusion, detailing its definition, importance, examples, and challenges, aimed at making financial products and services accessible and affordable to all.
Financing: Definition, Types, and Importance
A thorough exploration of financing, including its definition, types, importance, historical development, and practical examples.
Foreign Direct Investment (FDI): Definition, Types, and Examples
A comprehensive overview of Foreign Direct Investment (FDI), its various types, benefits, and prominent examples, shedding light on its significance in international economics.
Green-Field Investment: Definition and Key Insights
An extensive guide on green-field investment, where a parent company establishes a new operation in a foreign country from scratch. Explore the mechanisms, benefits, challenges, and real-world examples.
Gross National Happiness (GNH): Definition, Index, and Four Pillars
An in-depth look at Gross National Happiness (GNH), a unique measure of economic and moral development pioneered by Bhutan. Explore its definition, the index components, and the four foundational pillars.
Industrial Revenue Bonds: Definition and Overview
In-depth exploration of Industrial Revenue Bonds (IRBs), municipal debt securities issued by government agencies to support private sector industrial projects.
Joseph Schumpeter: Pioneer of Economic Innovation and Business Cycles
An in-depth exploration of Joseph Schumpeter's contributions to economic theory, focusing on his groundbreaking work on business cycles, capitalist development, and innovation.
Knowledge Economy: Definition, Criteria, and Examples
An in-depth exploration of the knowledge economy, including its definition, criteria, examples, historical context, and implications for modern economic systems.
Metropolitan Statistical Area (MSA): Definition, Uses, and Importance
Detailed exploration of Metropolitan Statistical Areas (MSAs) including their definition, applications in urban planning, economic development, and significance in population demographics.
Microfinance Definition: Benefits, History, Mechanisms, and Impact
An in-depth exploration of microfinance, its benefits, historical evolution, operational mechanisms, and overall impact on low-income individuals and communities.
Multilateral Development Bank (MDB): Types, Functions, and Examples
A comprehensive overview of Multilateral Development Banks (MDBs), their types, key functions, historical context, notable examples, and their impactful role in global economic development.
Second World Countries: Understanding the Concept and Classification
This comprehensive article delves into the concept and classification of 'Second World' countries, those nations formerly under Soviet influence and those more developed than 'Third World' nations but less than 'First World' ones.
Small Business Administration (SBA): Definition, Functions, and Impact
An in-depth look at the Small Business Administration (SBA), its definition, core functions, and impact on the U.S. economy. Explore how the SBA supports small businesses.
The World Bank: Roles, Functions, and Impact on Global Development
An in-depth exploration of the World Bank, its objectives, operational structure, and its significant influence on the economic progress of developing countries worldwide.

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