The theory of economic development—how primitive and poor economies can evolve into sophisticated and relatively prosperous ones—is of critical importance to underdeveloped …

Dec 29, 2025 · The intellectual underpinnings of sustainable development lie in modern natural resource management, the 20th-century conservation and environmentalism movements, and …

Economic growth is usually distinguished from economic development, the latter term being restricted to economies that are close to the subsistence level. The term economic growth is …

Development involves innumerable variables, including economic, social, political, gender, cultural, religious, and environmental factors. But though development theory integrates …

The increasing capacity of a developing country’s entrepreneurs to adapt their resources and internal economic organization to the pressures of world-market demand and international …

Dependency theory, an approach to understanding economic underdevelopment that emphasizes the putative constraints imposed by the global political and economic order. First proposed in …

The aim of economic development is to improve the material standards of living by raising the absolute level of per capita incomes. Raising per capita incomes is also a stated objective of …

A great deal has been learned about the types of economic policies that are conducive to rapid economic development. Rates of growth of per capita income experienced by the developing …

Dec 16, 2025 · Industrialization has provided the primary means of economic development. For some economies this has meant manufacturing consumer goods, such as electronics, …

5 days ago · However, the country has withstood a number of economic downturns, including periods of high inflation and unemployment during the late 20th century and a major financial …