Economic Development

Economic development is the process by which a nation improves the economic, political, and social well-being of its people. The term has been used frequently by economists, politicians, and others in the 20th and 21st centuries. The concept, however, has been in existence in the West for centuries. Modernization, Westernization, and especially Industrialization are other terms people have used while discussing economic development. Economic development has a direct relationship with the environment and environmental issues.

Whereas economic development is a policy intervention endeavor with ai
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Why Nations Fail: The Origins of Power, Prosperity, and Poverty
Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty
The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good
The End of Poverty: Economic Possibilities for Our Time
The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics
The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
How Asia Works: Success and Failure in the World's Most Dynamic Region
Development as Freedom
The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It
From Third World to First: The Singapore Story: 1965-2000
The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor
Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa
More Than Good Intentions: How a New Economics Is Helping to Solve Global Poverty
The Great Escape: Health, Wealth, and the Origins of Inequality
MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975

Indeed, the move to connect public subsidy and private compliance must be understood in the context of the postwar history of urban redevelopment initiatives, most of which have been considered failures. A thorough history of these programs is beyond this chapter, but the litany of criticisms is familiar: Urban redevelopment has relied too heavily on private-side investment; it has emphasized displacement and gentrification over reinvestment; it has lacked citizen participation or neighborhood i ...more
Richard Schragger

Mom & pop stores are not about something small; they are about something big. Ninety percent of all U.S. businesses are family owned or controlled. They are important not only for the food, drink, clothing, and tools they sell us, but also for providing us with intellectual stimulation, social interaction, and connection to our communities. We must have mom & pop stores because we are social animals. We crave to be part of the marketplace.
Robert Spector, The Mom & Pop Store: How the Unsung Heroes of the American Economy Are Surviving and Thriving

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