development economics

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Development Economics

The subset of economics concerned with improving the economic growth of low-income countries. Development economics may focus on how to implement infrastructure or develop the business environment for growth to take place. It also studies what government policies (if any) would promote growth. Development economics became a major field within economics in the latter part of the 20th century, as more former European colonies became independent.

development economics

the branch of economics that seeks to explain the processes by which a DEVELOPING COUNTRY increases in productive capacity, both agricultural and industrial, in order to achieve sustained ECONOMIC GROWTH.

Much work in development economics has focused on the way in which such growth can be achieved, for instance, the question of whether agriculture ought to be developed in tandem with industry, or whether leading industries should be allowed to move forward independently, so encouraging all other sectors of society. Another controversial question is whether less developed countries are utilizing the most appropriate technology. Many economists argue for intermediate technology as most appropriate rather than very modern plants initially requiring Western technologists and managers to run them. Socio-cultural factors are also influential in attempting to achieve take-off into sustained economic growth. See ECONOMIC DEVELOPMENT, INFANT INDUSTRY.

References in periodicals archive ?
The training was attended by senior management, researchers and faculty members from various institutions, including Bank Alfalah Islamic, Securities and Exchange Commission of Pakistan (SECP), Muslim Aid, BRAC Pakistan, The Bank of Khyber, International Islamic University Islamabad, Pakistan Institute of Development Economics and Foundation University Islamabad.
Asimismo, es el director de la Division de Economia, y ha publicado en revistas tales como: Proceedings of the National Academy of Sciences, Environment and Development Economics, World Development, Agricultural Economics y Ecological Economics, entre otras.
Donaldson is an empirical trade economist whose research interests span central topics in international economics as well as issues in regional and development economics.
Hirschman in development economics, essays on development economics, and J.
Deatonآ's research, who holds both American and British citizenship, has helped transform the fields of microeconomics, macroeconomics, and development economics, said the Academy in a press release.
The School of Public Administration and Development Economics of the Doha Institute for Graduate Studies (DI) is hosting the Middle East Economic Association (MEEA) Fifteenth International Annual Conference from March 23-25, 2016.
PODER aims reduce the US-Europe gap in the quality and impact of development economics research.
A History of Development Economics Thought: Challenges and Counter-challenges.
His career with FAO began in 2000 with an assignment as economist and Deputy Secretary of the Committee on World Food Security, in the Agricultural Development Economics Division at the Organization's headquarters in Rome, followed with the post of economist at the Regional Office for Asia and the Pacific and Secretary of the Regional Conference for Asia and the Pacific.
Development economics has only recently emerged within the Finnish research landscape.
Annual World Bank Conference on Development Economics -- Global (2010: Stockholm, Sweden) Ed.
He has specialised in development economics, industrial economics, public economics and quantitative economics, an IGNOU release said.

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