Economic Development

Economic development is the process by which a nation improves the economic, political, and social well-being of its people. The term has been used frequently by economists, politicians, and others in the 20th and 21st centuries. The concept, however, has been in existence in the West for centuries. Modernization, Westernization, and especially Industrialization are other terms people have used while discussing economic development. Economic development has a direct relationship with the environment and environmental issues.

Whereas economic development is a policy intervention endeavor with ai
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Why Nations Fail: The Origins of Power, Prosperity, and Poverty
Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty
The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good
The End of Poverty: Economic Possibilities for Our Time
The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics
The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It
How Asia Works: Success and Failure in the World's Most Dynamic Region
Development as Freedom
From Third World to First: A Statesman’s Powerful Story of Transformation from Poverty to National Leadership
The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor
Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa
More Than Good Intentions: How a New Economics Is Helping to Solve Global Poverty
The Great Escape: Health, Wealth, and the Origins of Inequality
MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975

“ Statism overvalues human rationality, disregards the complexity of social interaction, and ignores the learning from the system of trial and error that has produced economic development and peace among nations through trade relations. ”
― Prof. Vinícius Montgomery de Miranda

“ Poverty has many dimensions, but its causes include unemployment, social exclusion, and high vulnerability of certain populations to disasters, diseases and other phenomena which prevent them from being productive. ”
― Oscar Auliq-Ice

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