Tag: economic growth

World Bank

The World Bank is an international financial institution established in 1944 to provide financing, technical expertise, and strategic

The International Monetary Fund is a global organisation established in 1944 to promote international monetary cooperation and exchange

The Kuznets curve is a theory suggesting that as a country develops economically, income inequality first increases and

Economic development is a process that improves the living standards and general well-being of people in a country.

Economic growth and the balance of payments are closely linked, mainly because higher income levels change how much

Original

Sustainability in economics refers to the ability to meet present needs without compromising the ability of future generations

The business cycle (also called the trade cycle) refers to the natural ups and downs of an economy

Sustainable economic growth is the process of increasing a country’s wealth over the long term without harming the

Inclusive economic growth is a type of economic progress that is shared fairly among all members of society.