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Economic Development

  • By: Benjamin Linkow
  • In: Encyclopedia of Global Studies
  • Edited by: Helmut K. Anheier & Mark Juergensmeyer
  • Subject:Globalization, Social Policy (general), Cultural Geography

In the global context, economic development refers to processes of economic and social change that occur in a set of countries classified as “developing countries.” Most often, the term connotes some sense of progress whereby the material living standards of the ...

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