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International economic development Fall 2017 CAMP 2203 NYU Wagner Graduate School of Public Service New York University Jonathan Murdoch The Puck Building, Room 3028, (212) 9987515 Jonathan. Murdoch×NYU.edu Kathleen
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Step 1: Start by understanding the concept of economic development. It refers to the process of improving the well-being and quality of life of a community, region, or country through various economic strategies and activities.
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Economic development refers to the process by which a nation improves the economic, political, and social well-being of its people through the creation of jobs, increased wealth, and overall improvement in quality of life.
Local governments, economic development agencies, and businesses may be required to report on economic development initiatives.
Filling out information on economic development involves providing data and analysis on various economic indicators and benchmarks within a specified region or industry.
The purpose of economic development is to stimulate economic growth, establish job opportunities, and enhance the overall standard of living in a given area.
Information such as employment rates, GDP growth, infrastructure investments, business expansions, and workforce development programs may need to be reported.
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