Economic Development

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  • A Look At Economic Developments Around The Globe

    boston.com 3 days, 23 hours ago

    A look at economic developments and activity in major stock markets around the world Friday:

  • Potlatch, Idaho Seeks Economic Development By Luring Gun And Ammunition ... - Washington Post

    google.com 5 days, 11 hours ago

    The Herald | HeraldOnline.com Potlatch, Idaho seeks economic development by luring gun and ammunition ... Washington Post POTLATCH, Idaho , The town of Potlatch, Idaho, was once home to the nation's largest white pine sawmill, but wants to be reborn as a gun town. Business leaders are actively seeking firearms and ammunition manufacturers to breathe new life into Potlatch ... Idaho town seeks to lure gun and ammo makers

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Economic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives. Economic development differs from economic growth. Whereas economic development is a policy intervention endeavor with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. Consequently, as economist Amartya Sen points out: “economic growth is one aspect of the process of economic development.”
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