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Economic Development
Readers and viewers must know the basic concepts and principles of economic development. After this, will be economic problems and development strategies that is applied in this article. The next part is development policies and programs that has something to do with monetary and fiscal policies in. It will be discovered as a process for an economic planning towards developmental model. Last but not the least, will be the major issues in economic development.
According to Fajardo in his book, “Economic Development defines as a progressive process of improving human conditions such as reduction or elimination of poverty, unemployment, illiteracy, inequality, disease and exploitations. To understand this meaning carefully, it is an interaction of different factors”. The example of this is investing a rice harvest per hectare in your designated ranch, there are various inputs that are combined like fertilizers, insecticides, irrigation, technology, and many other things related to this example. Read the rest of this entry »
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2010 Trends in Economic Development
One of the biggest challenges of economic development is getting jobs into the area, and since we are in a jobless recovery, and the stimulus package whereas, it might have helped a little bit, it certainly is not providing very many jobs. Some economic development associations in some areas are trying to provide jobs in the alternative energy sector, or in green technologies, but none of that is moving very fast right now. Many believe things will not accelerate in that area until after 2015.
Most regions want to have clean industries. They do not want to have dirty manufacturing smokestack or polluting type industries. Most all of those major industries have moved to China anyway, where labor is cheaper and environmental controls are lax. All these trends right now in economic development should be expected to continue.
Before the big economic collapse in late 2008, many economic teams were trying to bring people back into the city and do downtown revitalization projects. However, with fewer people working, and the retail sector getting hammered, many of the restaurants, movie theaters, and downtown retail spaces now have “for lease” signs inside rather than any businesses that are providing jobs, or a significant tax base revenue for the local cities to continue. Read the rest of this entry »
Tags: international conference