Proposals to improve the position of less developed countries by changing their terms of trade and borrowing arrangements.
New Development Bank (Formerly the BRICS Development Bank): A multilateral development bank aimed at fostering economic cooperation among BRICS nations and mobilizing resources for development projects in emerging markets.
Aid provided in the form of goods or services rather than in the form of money.
A doctrine in development economics that suggests the synchronized expansion of multiple sectors is necessary for the development of a poor country.
Understanding the process of economic development and its impact on less developed countries
A detailed exploration of the concept of disguised unemployment, its origin, and its relevance in various economic frameworks.
Economic transformation leading to improved well-being and economic capabilities in a region.
An overview of foreign aid, its purpose, history, and diverse conceptual frameworks within economics.
Large improvements in agricultural productivity in less developed countries due to improved plant varieties and widespread use of fertilizers and pesticides.
A comprehensive measure of a country's development factoring in health, education, and living standards, introduced by the United Nations Development Programme.
A strategy for the industrialization of less developed countries (LDCs), focusing on replacing imports with domestically produced substitutes.
Analysis of the definition, historical context, and significance of Newly Industrialized Countries within the global economic framework.
A comprehensive overview of Official Development Assistance (ODA) including its background, historical context, major analytical frameworks, and related terms.
A division within the International Monetary Fund focused on concessional lending and debt relief for the world's poorest countries.
Economic significance of raw materials, encompassing their role in production and international trade.
Definition and meaning of the term 'sharecropper' in economics and its historical and analytical contexts.
An exploration of tied aid as a form of economic assistance, its implications, and contrasts with untied aid.
Definition and meaning of tied loans in the context of foreign loans to less developed countries.
An exploration of the Todaro Model in development economics and its implications for rural-urban migration.
A comprehensive entry on under-developed countries, offering definitions, historical context, and analytical frameworks.
An UN agency providing technical assistance and soft loans to less developed countries.
Understanding untied aid, its significance in international economics, and its impact on recipient and donor countries.
World Development Indicators Annual time-series data starting from 1960 on variables reflecting the level of development that is compiled by the World Bank.
