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In economics, the study of economic development was born out of an extension to traditional economics that focused entirely on the national product, or the aggregate output of goods and services. Economic development was concerned with the expansion of people's entitlements and their corresponding capabilities, such as morbidity , nourishment ...
Local economic development (LED) is an approach to economic development, of note in the developing world that, as its name implies, places importance on activities in and by cities, districts and regions. Local economic development combines economic development activities, urban planning, infrastructure development and social development ...
The U.S. Economic Development Administration (EDA) is an agency in the United States Department of Commerce that provides grants and technical assistance to economically distressed communities in order to generate new employment, help retain existing jobs and stimulate industrial and commercial growth through a variety of investment programs.
Economic development has existed even at a basic level since the earliest recorded communities. However, in the US and several other countries, the concept of community economic development emerged "in response to tenacious poverty and the need for affordable housing, good jobs, affordable health care and quality of life matters needed for human existence."
Upload file; Search. Search. ... Download as PDF; Printable version ... Development economics is a branch of economics that deals with economic aspects of the ...
Its aim was to jumpstart the Economy of Kenya towards long term growth and development, after the 2007–2008 Kenyan crisis and post-election violence that affected the Kenyan economy. Other economic problems included prolonged drought, a rally in oil prices and food prices , and the effects of the Great Recession . [ 3 ]
To remedy this situation and promote socio-economic development, the United Nations Chief Executives Board for Coordination (UNCEB) coined the concept of the SPF. [27] This framework aims to place governments as the central responsible actor for the promotion of four essential and universal guarantees, which would set the ground for a more ...
NEPAD parents the E-School Program and is an economic program that aims to bring economic and social development to African nations and ensure 'Africa's Renewal'. [1] The E-School Program began with Demonstration Projects and has developed further yet remains a work in progress in many countries, facing both criticism and support. [2]