Since 2020, aggregated from related topics
Economic development is a multidisciplinary field that focuses on the improvement of living standards and economic well-being in a particular region. It involves policies and strategies aimed at promoting growth, job creation, poverty reduction, and overall prosperity. Key areas of focus in economic development include attracting investment, fostering innovation, improving infrastructure, enhancing education and skills training, and promoting entrepreneurship. Economic development can take place at various levels, from local to national and international, and can involve both public and private sector actors working together to achieve sustainable economic growth.