The Reference Library
Development Economics — Glossary
Key terms and definitions from the Development Economics course. Each term links to a full explanation.
- Terms
- 10 terms
- Categories
- 3 categories
Showing 10 entries
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2 entriesSustainable Development Goals (SDGs)
Global agenda of 17 goals adopted by UN member states to address social, economic, and environmental challenges by 2030.
Sustainable Development Goals (SDGs) Integration
Incorporating the UN SDGs into national policies and international cooperation to achieve global development targets.
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2 entriesThe New International Economic Order
A set of proposals by developing countries in the 1970s to promote their interests through reforming global economic relations.
Trade Elasticity of Supply
The responsiveness of the quantity supplied of a good to changes in its price in international markets.
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2 entriesWorld Bank Development Projects
Initiatives funded by the [World Bank](https://modeldiplomat.com/learn/glossary/world-bank) aimed at reducing poverty and promoting economic development in low-income countries.
World Trade Organization (WTO) Dispute Settlement
A legal process resolving trade disputes between member countries to enforce WTO agreements.